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Iraq allocates 1.5% of oil revenues to Kuwait
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The Governing Council of the United Nations Compensation Commission for the loss of Iraqi aggression on [You must be registered and logged in to see this link.] said Thursday that [You must be registered and logged in to see this link.] will pay from early next year 1.5 per cent of the proceeds of oil sales to the Compensation Fund of the Commission.
The Board said in a statement that this step comes within the framework of the Board of Directors Resolution No. 276 of 2017 and the process of payment process for the current year 2018.
The [You must be registered and logged in to see this link.] has expressed at the opening of the current session of the Governing Council of the United Nations Compensation on Wednesday expressed appreciation to the secretariat of the Commission for its role in the distribution of quotas of compensation for this year.
The head of the General Authority for Assessment of Compensation Administration for the loss of Iraqi aggression against [You must be registered and logged in to see this link.] , Khalid Al - Mudhaf in his speech that [You must be registered and logged in to see this link.] this year received three batches of compensation , each worth $ 90 million in April, July and October, according to the payment mechanism set forth in Resolution 267 of 2009.
He added that these payments will be in favor of [You must be registered and logged in to see this link.] about 4.4 billion dollars to be paid in the future, stressing at the same time that the continuation of the deposit in the Compensation Fund will bring everyone from the final completion of the Governing Council and the full compensation for Kuwait.
He praised the work of the Board of Directors of the United Nations Compensation Commission and its contribution to the completion of the tasks entrusted to it.
[You must be registered and logged in to see this link.]
The Governing Council of the United Nations Compensation Commission for the loss of Iraqi aggression on [You must be registered and logged in to see this link.] said Thursday that [You must be registered and logged in to see this link.] will pay from early next year 1.5 per cent of the proceeds of oil sales to the Compensation Fund of the Commission.
The Board said in a statement that this step comes within the framework of the Board of Directors Resolution No. 276 of 2017 and the process of payment process for the current year 2018.
The [You must be registered and logged in to see this link.] has expressed at the opening of the current session of the Governing Council of the United Nations Compensation on Wednesday expressed appreciation to the secretariat of the Commission for its role in the distribution of quotas of compensation for this year.
The head of the General Authority for Assessment of Compensation Administration for the loss of Iraqi aggression against [You must be registered and logged in to see this link.] , Khalid Al - Mudhaf in his speech that [You must be registered and logged in to see this link.] this year received three batches of compensation , each worth $ 90 million in April, July and October, according to the payment mechanism set forth in Resolution 267 of 2009.
He added that these payments will be in favor of [You must be registered and logged in to see this link.] about 4.4 billion dollars to be paid in the future, stressing at the same time that the continuation of the deposit in the Compensation Fund will bring everyone from the final completion of the Governing Council and the full compensation for Kuwait.
He praised the work of the Board of Directors of the United Nations Compensation Commission and its contribution to the completion of the tasks entrusted to it.
[You must be registered and logged in to see this link.]
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