The Kuwaiti company agility public warehousing, Thursday, she applied for arbitration before the International Centre for settlement of investment disputes as a result of the confiscation of Iraqi Government, "indirectly" company investments worth more than us $380 million.
Reuters reported a statement by the company that owns the Kuwait Government where 20.6 percent said "these investments lies in the telecommunications sector.
She added that "arbitration is based on the lack of respect for the State of Iraq's obligations under the Convention on the encouragement and reciprocal protection of investments signed by both Iraq and Kuwait, violation of the Protocol signed between the two countries on promoting capital movements and investments between the two countries.
"Chopard public stores is a public company based in the State of Kuwait and Kuwait stock exchange market, the company has more than 550 seat scattered 120 countries, providing logistics and storage services.
Posting Permissions
Reply With Quote