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Kuwait calls for the Iraqi government to complete the amounts of compensation
May 1 , 2014 / Baghdad / Iraq News Network - The State of Kuwait in Geneva yesterday that the compensation remaining on Iraq up to 6.879 billion dollars after receiving 1.03 billion last January and 990 million in April this year. Said the chairman of the Public Authority for Assessment of Compensation for the so-called loss of Iraqi aggression Khaled Ahmad Almudaf before session 77 of the UN Commission for compensation ?that enhance further the Kuwait receipt of these payments depends on the continued flow of resources into the Compensation Fund in accordance with the decisions of the relevant Security Council? and stressed ?the need to continue filing regular undertaking by Iraq in the Compensation Fund to 5% of the proceeds from all export sales of Iraqi petroleum and petroleum products, natural gas, according to the UN Security Council Resolution 1956 as well as a similar proportion of the value of any payments other than cash for oil and petroleum products and natural gas ?. added Almudaf? Kuwait also stresses the importance of continuing to maintain the a transparent mechanism to ensure scrutiny of the amounts transferred to the Compensation Fund as it will bring the continuation of the deposit these amounts from the final achievement of the mission the Board of Directors regarding the payment of full compensation to the State of Kuwait, which was approved by the Board that the right of the people of the State of Kuwait ?, explained? that since the beginning when it was agreed in 2008 to meet Iraq and Kuwait under the auspices of the United Nations Compensation Commission to discuss the remaining funds and payable to Kuwait remained the Government of Kuwait is committed to the process ?. also pointed to? the renewal of the State of Kuwait in different connections commitment and willingness to discuss this issue under the umbrella of the United Nations Commission on Compensation ?, said? we would like to mention that ensure payment of the remaining amounts owed to Kuwait is the responsibility of the Board of Directors in accordance with its primary functions and this should not be on the United Nations Commission on Compensation shrinking of its efforts until the payment of the full amount, especially since the committee and always stood ready to provide experts and provide technical assistance in order to help to make progress real in this regard ?. confirmed? that the Kuwaiti government has made a political guarantees to the Board of Directors was released amounts withheld under the scheduled 258, Kuwait going since the received program successfully provided and will provide the State of Kuwait in the month of May 2014 report on the basis of the agreement between the point of the link Kuwait National Board of Directors
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May 1 , 2014 / Baghdad / Iraq News Network - The State of Kuwait in Geneva yesterday that the compensation remaining on Iraq up to 6.879 billion dollars after receiving 1.03 billion last January and 990 million in April this year. Said the chairman of the Public Authority for Assessment of Compensation for the so-called loss of Iraqi aggression Khaled Ahmad Almudaf before session 77 of the UN Commission for compensation ?that enhance further the Kuwait receipt of these payments depends on the continued flow of resources into the Compensation Fund in accordance with the decisions of the relevant Security Council? and stressed ?the need to continue filing regular undertaking by Iraq in the Compensation Fund to 5% of the proceeds from all export sales of Iraqi petroleum and petroleum products, natural gas, according to the UN Security Council Resolution 1956 as well as a similar proportion of the value of any payments other than cash for oil and petroleum products and natural gas ?. added Almudaf? Kuwait also stresses the importance of continuing to maintain the a transparent mechanism to ensure scrutiny of the amounts transferred to the Compensation Fund as it will bring the continuation of the deposit these amounts from the final achievement of the mission the Board of Directors regarding the payment of full compensation to the State of Kuwait, which was approved by the Board that the right of the people of the State of Kuwait ?, explained? that since the beginning when it was agreed in 2008 to meet Iraq and Kuwait under the auspices of the United Nations Compensation Commission to discuss the remaining funds and payable to Kuwait remained the Government of Kuwait is committed to the process ?. also pointed to? the renewal of the State of Kuwait in different connections commitment and willingness to discuss this issue under the umbrella of the United Nations Commission on Compensation ?, said? we would like to mention that ensure payment of the remaining amounts owed to Kuwait is the responsibility of the Board of Directors in accordance with its primary functions and this should not be on the United Nations Commission on Compensation shrinking of its efforts until the payment of the full amount, especially since the committee and always stood ready to provide experts and provide technical assistance in order to help to make progress real in this regard ?. confirmed? that the Kuwaiti government has made a political guarantees to the Board of Directors was released amounts withheld under the scheduled 258, Kuwait going since the received program successfully provided and will provide the State of Kuwait in the month of May 2014 report on the basis of the agreement between the point of the link Kuwait National Board of Directors
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