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United Nations agree to Iraq's request to postpone the payment of compensation to Kuwait
December 18, 2014, 17:55
Follow-up - ((eighth day))
Senior official at the United Nations said that the compensation committee of the International Organization Gulf War, agreed Thursday on Iraq's request to postpone the payment of the last payment of compensation - imposed by the Security Council after the invasion of Kuwait - for a period of one year.
Kraft said Leah legal responsibility of the Commission told 'Reuters' "The Council adopted a resolution approving the postponement compel Iraq to deposit five percent of oil revenues (in the Compensation Fund) until the first of January 2016".
Iraq had asked earlier this week to postpone the payment of $ 4.6 billion in compensation for the destruction of Kuwaiti oil facilities during the invasion of Kuwait in 1990-1991.
And has taken the major powers of the Commission decision unanimously given the pressures on the Iraqi economy from falling oil prices and the war against al "Daash."
She Kraft after the closed-door meeting in Geneva "The Council expressed its solidarity with Iraq and expressed his desire to help as much as possible."
The Kuwait News Agency (KUNA) said earlier on Thursday that Kuwait had agreed to a request from Iraq to postpone the payment of the last payment of compensation imposed by the Security Council of the United Nations.
Kraft said that the Compensation Committee of the Iraqi delegation stressed "the importance of full payment of the remaining compensation in a timely manner."
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December 18, 2014, 17:55
Follow-up - ((eighth day))
Senior official at the United Nations said that the compensation committee of the International Organization Gulf War, agreed Thursday on Iraq's request to postpone the payment of the last payment of compensation - imposed by the Security Council after the invasion of Kuwait - for a period of one year.
Kraft said Leah legal responsibility of the Commission told 'Reuters' "The Council adopted a resolution approving the postponement compel Iraq to deposit five percent of oil revenues (in the Compensation Fund) until the first of January 2016".
Iraq had asked earlier this week to postpone the payment of $ 4.6 billion in compensation for the destruction of Kuwaiti oil facilities during the invasion of Kuwait in 1990-1991.
And has taken the major powers of the Commission decision unanimously given the pressures on the Iraqi economy from falling oil prices and the war against al "Daash."
She Kraft after the closed-door meeting in Geneva "The Council expressed its solidarity with Iraq and expressed his desire to help as much as possible."
The Kuwait News Agency (KUNA) said earlier on Thursday that Kuwait had agreed to a request from Iraq to postpone the payment of the last payment of compensation imposed by the Security Council of the United Nations.
Kraft said that the Compensation Committee of the Iraqi delegation stressed "the importance of full payment of the remaining compensation in a timely manner."
[You must be registered and logged in to see this link.]
