More than $ 43 billion paid Iraq to Kuwait
More than $ 43 billion paid Iraq to Kuwait
Created on Friday, October 25 1 / Okrudolf 2013 12:01
New York / Agencies
Payment of the compensation fund of the United Nations another $ 1.24 billion for Kuwaiti demanding, for a total compensation paid to Kuwait from Iraqi funds as a result of the invasion in 1990 to 43.5 billion dollars. The fund did not disclose the identities of the parties to claim the last installment of compensation paid, but said the money will be used to meet the demands made by the Kuwait Oil Company to compensate says it incurred losses in production and marketing as a result of the Iraqi invasion in 1990. The Security Council of the United Nations has decided to form a fund, which derives its funding from a special tax on Iraqi oil exports amounting to 5 per cent since 1991. The fund so far approved the disbursement of 52.4 billion dollars in the form of compensation for the more than one hundred hand, governments and organizations and international destinations, in the form of payments every three months. This fund also pay compensation for losses is documented Arab citizens were residing in Kuwait at the time of the Iraqi invasion.
uragency.net
