Egypt negotiates with Iraq over Egyptian debts payment

(IraqiNews.com) The Government of Egypt announced conducting negotiations with Iraq about the payment of Egypt’s financial dues payable on Iraq, amounting to $ 1300,000,000.

The Egyptian Minister of Planning, Ashraf al-Arabi, said in a statement “We discussed with Iraq, during our last visit to Iraq, the file of the Egyptian debts payable on Iraq which are $ 1, 3 billion.”

“These sums are estimated by the Egyptian government while the Iraqi government has different accounts which are less than what Egypt demands,” he added.

“The mutual high commission between both countries will discuss reaching final formula concerning this file,” Arabi pointed out.

The Egyptian Planning Minister has conducted four-days visit to Baghdad on 25th, current March.