USA Agrees to extend immunity of Iraqi funds

usa agrees to extend immunity of iraqi funds USA Agrees to extend immunity of Iraqi funds

Baghdad (IraqiNews.com) The Central Bank of Iraq announced an agreement with the United States of America to extend the legal immunity for Iraqi funds abroad.

US President Barack Obama issued an executive order in May of 2012 to extend immunity to Iraqi money in the Iraq Development Fund for a year. This means that Iraqi assets will remain protected from lawsuits by companies or individuals in the United States only.

The CBI reported in a statement received by IraqiNews.com “Based on efforts that were exerted by the Iraqi Government through holding meetings with USA Government, it has been agreed upon to extend the legal immunity of Iraqi funds abroad.”

“The agreement stipulates to issue a resolution from the President of the USA to extend the legal immunity of Iraqi funds in the USA related to the account of Iraq development fund and the account of the CBI,” the statement added.

7 Responses to "USA Agrees to extend immunity of Iraqi funds"

  1. Dr. John England  June 12, 2013 at 8:03 pm

    What does this mean for those holding IQD as an investment.

    Reply
    • Ameer  June 13, 2013 at 12:28 am

      Protected from lawsuit! That means you can buy and keep Iraqi Dinar, in future revalue of Dinar is for sure! Is that correct?

      Reply
  2. samuel jock  June 13, 2013 at 11:40 pm

    It means Iraq is protected from any lawsuit….this is a big.. this is a major step in their revaluation of the dinar when you become extremely wealthy you want protection because individuals and companys will be coming out of the woodwork filing lawsuits. For example Mercedes being sued by holocaust survivors…..This news is just another piece of a wonderful puzzle coming together for the very informed and people who have the sense of adventure to take a risk and soon reap a reward. The Iraqi dinar is no brainer the world has to have it, the higher the value of the dinar the more the world will prosper, what most people fail to mention is the United States hold the plates to print the dinar not Iraq. Therefore this is best described as “THE GREAT TRAIN ROBBERY” of which I am so glad to be a part of.

    Reply
  3. mike v  June 20, 2013 at 3:48 pm

    I KNOW THE GOOD LORD WILL BLESS ME IN THIS DINAR INVESTMENT OOOOOOOOO YES THANK YOU LORD ITS HIS TIMEING NOT OURS

    Reply
  4. needanswersaboutiraqidianr  July 5, 2013 at 2:21 pm

    So if you invested in Iraqi dianr in the U.S.A. in 2013 what can you expect in your investment? how much is it worth and how do you cash it out in the U.S.A. is this legal in the U.S.A.? Asking for my son since he thinks he is a millionair now! he invested $250 U.S.A dollars what can he expect?

    Reply
  5. DOH!  July 6, 2013 at 2:28 pm

    C’MON RV!

    Reply
  6. Zap Home Inspector  July 16, 2013 at 2:39 am

    The sooner the Iraq oil goes up in Iraq, also the Dinar will raise in its value.

    Reply

Leave a Reply

Your email address will not be published.