Posts Tagged ‘Kuwait Fund for Arab Economic Development’

31/07/2013 | 07:41 PM | Kuwait News

UNITED NATIONS, July 31 (KUNA) — Kuwait and Iraq deposited with the UN a copy of the Memorandum Of Understanding (MOU) they concluded late last May concerning the financing of a project to build a housing complex in Umm Qasr, and requested that it be issued as a Security Council document, it was announced in a letter issued on Wednesday.

The MOU, signed by Kuwaiti Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khalid Al Hamad Al Sabah and Iraqi Foreign Minister Hoshyar Zebari, and issued on Wednesday as a Security Council document, said it was meant to “strengthen the close historical ties” between the two countries and to affirm Kuwait’s belief in the need to support ongoing efforts to rebuild Iraq. (more…)