LOC18:15
15:15 GMT
KUWAIT, Jan 21 (KUNA) -- The parliamentary Foreign Affairs Committee agreed
in its meeting Monday on bill No. 23/2012 approving the settlement agreement
between the Kuwaiti and Iraqi governments on the compensation issue of Kuwait
Airways Corporation (KAC).
Committee Rapperteur MP Taher Al-Failakawi told reporters that the
committee has made its decision following its meeting today with Minister of
Communications and Minister of State for Housing Affairs Salem Al-Uthainah and
KAC chairman Sami Al-Nisf.
He said the Iraqi government has shown goodwill and deposited all the
claims funds agreed upon at once in the Kuwaiti bank and completed all the
requirements in this agreement.
On the other hand, KAC stressed that cost cuts would be among the top
priorities of the new administration. (end)
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