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Delivered to the United Nations Compensation Commission, Thursday 23/1/2014, new batch worth 1.03 billion dollars to Kuwait oil company as part of the compensation for damage as a result of Iraq's invasion of Kuwait, and the United Nations Compensation Commission is studying requests for compensation by resolution No. 1987 issued by the Security Council, where to this day deducted 5% of the annual proceeds of Iraqi oil as compensation to Kuwait for damage caused by the Iraqi invasion in 1990.
She said the United Nations Compensation Commission that this material reparations to Kuwait oil company goes to cover the company's losses as a result of damage to oil fields in the country, and that the Committee continues to pay compensation to the Kuwaiti company even completed, amounting to 14.7 billion dollars, the company received approximately $ 6.9 billion, and is the largest Compensation Commission adopted a resolution. It should be noted that the Security Council, Aldo foundations of the United Nations Compensation Commission in 1991 and based in Geneva, and is funded by 5% deducted from Iraqi oil exports, in the form of payments for affected every three months.
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She said the United Nations Compensation Commission that this material reparations to Kuwait oil company goes to cover the company's losses as a result of damage to oil fields in the country, and that the Committee continues to pay compensation to the Kuwaiti company even completed, amounting to 14.7 billion dollars, the company received approximately $ 6.9 billion, and is the largest Compensation Commission adopted a resolution. It should be noted that the Security Council, Aldo foundations of the United Nations Compensation Commission in 1991 and based in Geneva, and is funded by 5% deducted from Iraqi oil exports, in the form of payments for affected every three months.
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