Iraq pays a new compensation payment to Kuwait: 1.7 billion out of 52.4 billion dollars remain
Iraq pays a new compensation payment to Kuwait: 1.7 billion out of 52.4 billion dollars remain
Posted, 2021-04-29
The United Nations Committee on Settlement of Claims of Those Affected by the Iraqi Invasion of Kuwait in 1990 said Wednesday (April 28, 2021) that it paid an additional $ 380 million, bringing the total amount it paid to compensation claimants to $ 50.7 billion.
The committee clarified that accordingly, the Kuwaiti government has an amount of $ 1.7 billion, to meet a pending demand made by the Kuwait Petroleum Corporation for its lost oil production and sales as a result of damage to the oil fields.
The payments come from Iraqi oil revenues and are delivered every 3 months
burathanews.com
