Zebari confers with UN official on closing Kuwait’s compensation dossier

Posted: January 31, 2012 in Iraqi Dinar/Politics, Top Headlines
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1/31/2012 12:34 PM

BAGHDAD / Aswat al-Iraq: Iraq’s Foreign Minister, Hoshiar Zibary, has reiterated in a meeting with the Chairman of the UN’s Executive Council for Compensations on necessity to reach for a final settlement for the issue of compensations and to treat all the suspended issues with Kuwait, according to a Foreign Ministry statement on Tuesday.

The statement, as was received by Aswat al-Iraq news agency, stressed that Zibary had conferred on Monday evening with the Chairman of the UN’s Executive Council for Compensations, H.
Shoemakher and the Executive Secretary of the Committee, Mujtaba Qazzazy, with their accompanying delegation.

“Discussed in the meeting was the issue of compensations, imposed on Iraq, according to the UN Security Council resolutions, reaffirming Iraq’s commitment to the measures related to the compensations, as confirmed by the report of the UN Secretary-General, raised to the UN Security Council in this respect,” the statement added.

The statement also confirmed “Iraq’s efforts to achieve a final settlement for the issue of the compensations and to put an end for the financial flow, through the treatment of all the suspended issues with the sisterly Kuwait.”

The visiting delegation had confirmed that “Iraq had paid about US$4 billion (b) in compensations for Kuwait in the year 2011.”

Iraq is under the UN Charter No.7, imposed on it after the entrance of its troops into Kuwait in 1990, allowing that country to use the military force against Iraq, under charges of “threatening the International Security,” along with the freezing of large funds of its funds in the world banks, in order to pay compensations for the harmed people due to Kuwait’s invasion by Iraq.

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