AIRLINK 74.52 Increased By ▲ 0.27 (0.36%)
BOP 5.04 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.42 No Change ▼ 0.00 (0%)
DFML 37.65 Increased By ▲ 1.81 (5.05%)
DGKC 90.89 Increased By ▲ 2.89 (3.28%)
FCCL 22.56 Increased By ▲ 0.36 (1.62%)
FFBL 32.80 Increased By ▲ 0.08 (0.24%)
FFL 9.73 Decreased By ▼ -0.06 (-0.61%)
GGL 10.92 Increased By ▲ 0.12 (1.11%)
HBL 115.90 No Change ▼ 0.00 (0%)
HUBC 136.30 Increased By ▲ 0.46 (0.34%)
HUMNL 10.07 Increased By ▲ 0.23 (2.34%)
KEL 4.61 No Change ▼ 0.00 (0%)
KOSM 4.78 Increased By ▲ 0.12 (2.58%)
MLCF 40.45 Increased By ▲ 0.57 (1.43%)
OGDC 137.79 Decreased By ▼ -0.11 (-0.08%)
PAEL 26.53 Increased By ▲ 0.10 (0.38%)
PIAA 25.69 Decreased By ▼ -0.59 (-2.25%)
PIBTL 6.77 Increased By ▲ 0.01 (0.15%)
PPL 123.12 Increased By ▲ 0.22 (0.18%)
PRL 26.83 Increased By ▲ 0.14 (0.52%)
PTC 13.99 Decreased By ▼ -0.01 (-0.07%)
SEARL 58.85 Increased By ▲ 0.15 (0.26%)
SNGP 70.00 Decreased By ▼ -0.40 (-0.57%)
SSGC 10.40 Increased By ▲ 0.04 (0.39%)
TELE 8.56 No Change ▼ 0.00 (0%)
TPLP 11.20 Decreased By ▼ -0.18 (-1.58%)
TRG 64.52 Increased By ▲ 0.29 (0.45%)
UNITY 26.48 Increased By ▲ 0.43 (1.65%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,848 Increased By 9.5 (0.12%)
BR30 25,544 Increased By 84.5 (0.33%)
KSE100 75,073 Increased By 142.7 (0.19%)
KSE30 24,141 Decreased By -4.9 (-0.02%)

BAGHDAD: Iraq and Kuwait will work towards reaching a definitive agreement on demarcating their borders, including a contested maritime area of the Gulf, their foreign ministers said on Sunday.

The de facto land and maritime borders between the neighbouring states were established by the United Nations in 1993, three years after Iraq under Saddam Hussein invaded Kuwait.

While Iraqi officials have previously expressed a readiness to recognise Kuwait's land border, the maritime border remains a point of contention.

UN panel wraps up after Iraq pays $52.4bn for Kuwait invasion

Baghdad insists that the delineation should provide it unhindered access to Gulf waters, a lifeline for its economy and oil exports.

Because of the long-standing dispute, Kuwaiti coastguards regularly detain Iraqi fishermen and seize their vessels for entering Kuwaiti territorial waters "illegally".

After meeting his Kuwaiti counterpart Salem Al-Sabah in Baghdad on Sunday, Iraqi Foreign Minister Fuad Hussein said that during their talks "the emphasis was placed on resolving the border issues".

He told reporters the border talks would "continue through various technical committees".

Baghdad will host a meeting of a legal committee relating to the talks on August 14.

Sabah said there was "complete consensus" between Kuwait and Iraq to "resolve outstanding problems between the two countries, particularly the demarcation of maritime boundaries".

Iraq's government under Prime Minister Mohamed Shia al-Sudani, who was appointed by pro-Iran parties, is seeking closer ties with Arab Gulf monarchies, aiming to strengthen regional economic cooperation and counter the flow of narcotics.

On Sunday, Sabah also met Sudani and the speaker of Iraq's parliament, Mohammed al-Halbusi.

Kuwait's official KUNA news agency said Sabah and Halbusi discussed demarcating the two countries' maritime border.

In 2021, Baghdad made the final payment of war reparations totalling more than $52 billion to its neighbour.

Saddam's forces entered oil-rich Kuwait in August 1990 and annexed it before being driven out seven months later by an international coalition led by the United States.

Comments

Comments are closed.