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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Kuwait receives $ 1.3 billion in compensation new from Iraq

    Bama Diva
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    • Post n°1

    Kuwait receives $ 1.3 billion in compensation new from Iraq Empty Kuwait receives $ 1.3 billion in compensation new from Iraq

    Post by Bama Diva Fri 25 Jan 2013, 7:31 am

    Kuwait receives $ 1.3 billion in compensation new from Iraq

    25-01-2013 | (Voice of Iraq)

    Paid to the Compensation Commission, the UN an additional $ 1.3 billion to Kuwait within the compensation received by the former regime's occupation of Kuwait in 1990.

    The Commission said in a statement issued from its headquarters in the Swiss capital, Geneva, on Thursday, said, "It's about compensation for damage caused by oil installations and losses in revenue resulting therefrom".

    They pointed out that "these amounts are funded through a 5% tax imposed by the UN Security Council on Iraqi oil sales."

    It is noteworthy that the Compensation Fund of the United Nations was founded in 1991 by decision of the UN Security Council after the termination invasion of the former regime of Kuwait, and pushing Iraq whereby compensation to Kuwait as a result of this invasion because of what wrought destruction of infrastructure and oil fields of Kuwait, estimated Kuwaiti reparations imposed on Iraq, according to reports L [37] billion dollars.

    In the latest United Nations report said that Iraq's remaining compensation [16] billion dollars, "likely" complete compensation in early 2015. "

    Ties Iraqi - Kuwaiti described as positive development over the past few months, to end the outstanding issues between the two countries, and to remove Iraq from international sanctions imposed on it in the seventh item, before the UN Security Council.

    The latest developments announced two countries to end the row and the final settlement of the issue of Iraqi Airways, said after Emir of Kuwait Sabah Al-Ahmad Al-Sabah in 23 of the last October 2012 Emiri Decree approving the financial settlement, after the two sides signed a final settlement by the Iraq to pay $ 500 million in compensation final to Kuwait Airways.

    And consists of Chapter VII of the 13 articles, and is resolution 678 issued in 1990 calling for the ousting Iraq from Kuwait by force, from the provisions of this chapter, Iraq is still under Tailth, because the survival of several issues outstanding, such as the remains of Kuwaiti citizens and prisoners in Iraq, and Kuwaiti property, including the archives of the Amiri Diwan, and the Crown Prince Court, and the issue of compensation and environmental oil, which is not only related to the State of Kuwait, but other Arab countries, and companies claim that they do not still have some rights. Ended.


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