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Kaperoni says they need to get to Article VIII
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Kaperoni says they need to get to Article VIII
1-28-2014 Newshound Guru Kaperoni Article: "Specialists: oil resources have not invested in economic development" In Sept 2012, after Shabibi was gone, it was decided that the current plan or strategy to move to a free market was not working. They formed a committee of businessmen to participate along with the IIER [Iraqi Institute for Economic Reform] to create a new transition plan. That plan is working and moving them closer and closer. We have seen several accomplishments over the last 6 months or so. ...they need to get to Article VIII (freedom of movement of capital). Though they have not accomplished the results we want...I cannot help but feel very optimistic that this group of experts/economists is aware and pushing them forward.
Ponee- Admin
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Re: Kaperoni says they need to get to Article VIII
I may be wrong, but, I do not agree with this. My understanding of Article VIII is that it is a set of rules, not a sanction limiting their ability to do business like the UN Article VII sanctions were.
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