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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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    United Nations: Iraq has paid 48.3 billion dollars compensation to Kuwait so far

    Rocky
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    United Nations: Iraq has paid 48.3 billion dollars compensation to Kuwait so far Empty United Nations: Iraq has paid 48.3 billion dollars compensation to Kuwait so far

    Post by Rocky Wed 03 Jul 2019, 2:54 pm

    United Nations: Iraq has paid 48.3 billion dollars compensation to Kuwait so far

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    Iraq has paid 48.3 billion dollars compensation to Kuwait so far

    UN 

    Secretary-General Antonio 
    Guterich told UN Security Council on Wednesday that the total amount Iraq paid to Kuwait because of the invasion of Saddam Hussein in 1990 has reached 48 billion and 300 million dollars. 
    This is stated in the semi-annual report of the Secretary-General to the members of the Council on Iraq's compliance with resolution 1483 of 2003. 

    The resolution provides that Iraq will deposit 5 per cent of its export earnings from oil, gas and oil sales into an international fund established under the United Nations Fund United Nations Compensation Commission. 

    In 1991, a UN Compensation Commission was formed, committing Baghdad to pay $ 52.4 billion in compensation to individuals, corporations, government organizations and others who suffered losses directly resulting from the invasion and occupation of Kuwait.

    The report of the Secretary-General to the Security Council deals with developments since the issuance of his fifteenth report on 7 January 2019. 

    In his report, Guterich said: "Since my previous report, the Compensation Commission has paid two quarterly installments to Kuwait, the first of $ 100 million, On January 18, 2019, and the second $ 240 million on April 23, 2019. " 

    "After the payment of these payments, the total compensation paid by the Committee so far is 48.3 billion dollars, and thus remain about $ 4.1 billion, should be paid to Kuwait to settle the last remaining claim." 

    "Based on the current revenue levels of the Fund, the Commission is still going to pay the unpaid claim in 2021, which will end its mandate."

    In his report, the Secretary-General expressed satisfaction with the continuing commitment of the Government of Iraq to comply with its obligations to deposit the amounts due to the Fund.


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    United Nations: Iraq has paid 48.3 billion dollars compensation to Kuwait so far Empty The United Nations: Iraq paid 48.3 billion dollars compensation to Kuwait and the remaining 4.1 bill

    Post by Rocky Thu 04 Jul 2019, 4:08 am

    The United Nations: Iraq paid 48.3 billion dollars compensation to Kuwait and the remaining 4.1 billion


    Written by: [You must be registered and logged in to see this link.]at:July 04, 2019
    BAGHDAD (Reuters 
    ) - The United Nations Security Council said Wednesday that the total amount Iraq paid to Kuwait for the invasion of Saddam Hussein in 1990 has reached 48 billion and 300 million dollars.

    This was stated in the semi-annual report of the Secretary-General to members of the Council on Iraq's compliance with resolution 1483 (2003).
    Under the resolution, Iraq will deposit 5 per cent of its export revenues from sales of oil, its products and gas into an international fund established under the name of the United Nations Compensation Fund.
    In 1991, a UN Compensation Commission was formed, committing Baghdad to pay $ 52.4 billion in compensation to individuals, corporations, government organizations and others who suffered losses directly resulting from the invasion and occupation of Kuwait.
    The report of the Secretary-General to the Security Council deals with developments since the issuance of his fifteenth report on 7 January 2019.
    "Since the issuance of my previous report, the Compensation Commission has paid two quarterly installments to Kuwait, the first of $ 100 million on January 18, 2019 and the second $ 240 million on April 23, 2019," Guterich said in his report.
    "After the payment of these payments, the total compensation paid by the Committee so far is 48.3 billion dollars, and thus remain about $ 4.1 billion, should be paid to Kuwait to settle the last remaining claim."
    "Based on the current revenue levels of the Fund, the Commission is still going to pay the unpaid claim in 2021, which will end its mandate."
    In his report, the Secretary-General expressed satisfaction with the continuing commitment of the Government of Iraq to comply with its obligations to deposit the amounts due to the Fund.


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    United Nations: Iraq has paid 48.3 billion dollars compensation to Kuwait so far Empty Guterich: Iraq paid Kuwait 48 billion and 300 million dollars

    Post by Rocky Thu 04 Jul 2019, 3:20 pm

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    [ltr]Last updated: 4 July 2019 - 10:30 p

    BAGHDAD (Reuters) - The total amount Iraq paid to Kuwait for the invasion of Saddam Hussein in 1990 has so far reached $ 48 billion and $ 300 million, UN Secretary-General Antonio Guterich told the UN Security Council. The Secretary-General's semi-annual report to members of the Council on Iraq's compliance with resolution 1483 of 2003. 


    The resolution provides for Iraq to deposit 5 per cent of its export proceeds from oil, gas and oil sales in an international fund established under the United Nations Compensation Fund.


     In 1991, a UN Compensation Commission was formed The report of the Secretary-General to the Security Council deals with developments since the issuance of his fifteenth report on 7 January 2019. Guterich, the Secretary-General of the United Nations, In its report, "Since the issuance of my previous report, the Compensation Commission has paid two quarterly installments to Kuwait, the first of $ 100 million on 18 January 2019 and the second of $ 240 million on 23 April 2019."


     The total compensation to date of the Commission has reached 48.3 billion "Based on the current income levels of the Fund, the Commission is still on track to pay the unpaid claim in 2021, which will end its mandate" In his report, the Secretary-General expressed "satisfaction with the continuing commitment of the Government of Iraq to comply with its obligations to deposit the amounts due to the Fund".



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