Kuwait is considering Iraq to pay compensation options for $ 4.6 billion

Kuwait is considering Iraq to pay compensation options for $ 4.6 billion

2017/4/25 10:45

Kuwait is considering Iraq to pay compensation options for 4.6 billion{Follow: Euphrates News} Kuwait confirmed its willingness to study options for the future to ensure the continued payment of the Iraqi party amount of US $ 4.6 billion as part of the compensation for the invasion of the former regime of the State of the 1990 losses.
This came in a speech delivered by Chairman of the General Authority for Assessment of Compensation Administration for losses of Saddam ‘s aggression Khaled Ahmad Al – Mudhaf before the 82nd session of the United Nations Compensation for loss of aggression against the State of Kuwait on Monday.
He Almudaf told the committee that ” the State of Kuwait reacted positively with the decision taken by the Governing Council of the United Nations Compensation Commission at its last session , the 81 on the second of November 2016 and encouraged both the Kuwaiti and Iraqi governments to cooperate on future options aimed at ensuring the continuation of the payment of this amount for the benefit of Kuwait .
He pointed out that the State of Kuwait had supported during the special session called for by the Governing Council in December 2014 272 resolution in 2014 which it requested the brothers in Iraq to postpone the payment of dues payments by taking into account the economic and security in difficult circumstances Iraq “.
He also pointed to the Governing Council of the United Nations Compensation Resolution 273 management adoption in 2015 , which also postponed Iraq ‘s international obligations to deposit five per cent in the Compensation Fund for an additional year until the first of January 2016 due to the continuing economic and security conditions in Iraq. ”
He explained that the State of Kuwait supported for the third time asked the brothers in Iraq at the 81 session on November 2, 2016 , which delayed the process of resumption of the five deposit per cent in the compensation Fund and other additional year until the first of January 2018 due to the continuing economic and security situation in Iraq.
He stressed Almudaf that ” the State of Kuwait and J Emphasizing the importance of the continuation of the functions and the role of the United Nations Compensation also emphasizes the importance of the completion of the Board of Directors of the responsibilities assigned to it by the Security Council resolutions and decisions of the United Nations Compensation it understands at the same time the security and economic situation in Iraq and here was positively interacted with all the requests for adjournment Previous demanded by the brothers in Iraq. ”
at the same time Almudaf stressed the importance of the continuation of the Commission entrusted to the United Nations compensation role is also stressing the continuation of the State of Kuwait in cooperation with the Committee to fulfill its international obligations entrusted to it and to be informed of all the discussant T. future.
He added that the State of Kuwait are fully prepared to provide the Committee with any assistance to respond to inquiries with respect to the claims of Kuwait before the Iraqi courts , and so out of Alchwevih.anthy

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