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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


5 posters

    11.2 billion dollars. Compensation due to Iraq of Kuwait

    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty 11.2 billion dollars. Compensation due to Iraq of Kuwait

    Post by Hkp1 Wed 01 May 2013, 2:00 am

    11.2 billion dollars. Compensation due to Iraq of Kuwait


    01 January 2013 09: 45 am Last updated: 01 may 2013 09: 45 am


    Kuwait
    confirmed in front of the United Nations Compensation Commission that
    reimbursed, he remaining compensation due for loss of Iraqi aggression
    up to about 11.2 billion dollars.

    He is Chairman of the public
    authority for assessment of compensation for loss of Iraqi aggression in
    Kuwait, Khaled Al-Mudhaf word at the opening of the 75th session of the
    Committee, which will last until May 2, that Kuwait has received $ 1.3
    billion on 24 January 2013 and about $ 1.13 billion on 25 April 2013.

    Mudhaf
    said Kuwait would promote further recognize more of the payments
    depends on the continued flow of resources in the compensation fund in
    accordance with relevant Security Council resolutions.

    Kuwait
    stressed the need to continue regular deposit compensation fund to 5% of
    the revenue generated by sales of Iraqi oil exports, petroleum products
    and natural gas in accordance with Security Council resolution No. 1956
    as well as 5% of the value of any non-cash payments for petroleum,
    petroleum products and natural gas.

    It also stressed "the
    importance of continuing to maintain a transparent mechanism to ensure
    check amounts transferred to the compensation fund.

    Mudhaf said
    that "continuing deposit those amounts in the compensation fund will
    move us closer to all of the final completion of the task of the
    Governing Council regarding the payment of full compensation to Kuwait
    approved by the Board that the right of the people of the State of
    Kuwait.

    He noted that Kuwait officially requested in September
    2005 of the Governing Council to take the necessary steps again to
    restore some sensitive and confidential documents of the United Nations
    Compensation Commission provided by the Kuwait Investment Authority to
    support the claim (and 3).

    It had been in after an agreement
    between the United Nations Compensation Commission and the Government of
    Kuwait on July 25, 2006 to keep the documents in place within the
    United Nations in order to maintain the integrity of the archive policy
    adopted by the Governing Council at its fiftieth session in October
    2003, as well as facilitating access Committee or auditors to these
    documents when needed without restrictions.

    Mudhaf said "as these reasons no longer exist so that Kuwait seeks to restore those sensitive documents to it».

    He
    pointed out that it had been agreed in 2008 that Iraq and Kuwait will
    meet under the auspices of the United Nations Compensation Commission to
    discuss the remaining amounts approved, stressing that Kuwait remained
    committed to this process renewed and repeated in different connections
    to their commitment and willingness to discuss this issue under the
    umbrella of the United Nations Compensation Commission. By news


    http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.mubasher.info%2Fportal%2FISX%2FgetDetailsStory.html%3FstoryId%3D2309419%26goToHomePageParam%3Dtrue
    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty Kuwait is still waiting for $ 11.2 billion in compensation from Iraq

    Post by Hkp1 Wed 01 May 2013, 2:26 am

    Kuwait is still waiting for $ 11.2 billion in compensation from Iraq


    10:15:01 / 05/2013

    Khandan
    - Kuwait announced that it has received since the beginning of the
    year, 2.43 billion dollars in compensation from Iraq, but is still
    waiting to receive compensation of $ 11.2 billion for the invasion,
    which was subjected to during the reign of Saddam Hussein in August
    1990, according to a senior Kuwaiti official announced level.

    The
    agency quoted the official KUNA news Khalid Almudaf Chairman Board of
    Directors of the Public Authority for Assessment of Compensation "that
    Kuwait has received $ 1.3 billion in January and $ 1.13 billion on April
    25."

    And called Almudaf Iraq to continue to pay 5 percent of its
    oil revenues to the Compensation Fund to ensure payment of all damages
    incurred by him on a regular basis.

    Kuwait and got $ 30 billion
    of the total $ 41 billion established by the United Nations in
    compensation for the damage to Kuwait because of the invasion of August
    1990 to February 1991.

    http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fxendan.org%2Farabic%2FdrejaA.aspx%3FJmara%3D4461%26Jor%3D2
    Bama Diva
    Bama Diva
    Moderator
    Moderator


    Posts : 1770
    Join date : 2012-12-21
    Location : Gulf Coast

    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty Kuwait To Receive $11.2b From Iraqi Compensation: Al-Mudhaf

    Post by Bama Diva Thu 02 May 2013, 7:57 am

    Kuwait To Receive $11.2b From Iraqi Compensation: Al-Mudhaf


    ‘Vital For Baghdad To Continue Its Commitment’

    GENEVA, April 30, (KUNA): There are $11.2 billion remaining in Iraqi debt for Kuwait, said a Kuwaiti official here Tuesday at the Seventy-fifth Session of the Governing Council of the United Nations Compensation Commission (UNCC).

    Khaled Ahmad Al-Mudhaf, Chairman of the Board for The Public Authority for Assessment of Compensation for Damages Resulting from the Iraqi Aggression (PAAC) said Kuwait’s sustained receipt of these payments depended on the continued replenishment of the Compensation Fund in accordance with relevant Security Council Resolutions.


    He added that Kuwait stressed the need for continuation of regular deposits in the Compensation Fund, as provided for in UN Security Council Resolution 1956, of five percent of the proceeds from all export sales of petroleum, petroleum products and natural gas of Iraq; as well as another five percent of the value of any non-monetary payments of petroleum, petroleum products and natural gas.

    Mandate
    Al-Mudhaf also asserted that it was important for Iraq to continue its commitment to the process, affirming that such action “will bring us all closer to the ultimate fulfillment of the Governing Council’s mandate regarding full payment of the compensation that the Council has found to be due to the people of the State of Kuwait.“From the outset when it was agreed in 2008 that Iraq and Kuwait would meet under the auspices of the United Nations Compensation Commission, to discuss the issue of the outstanding awards of Kuwait, the government of the State of Kuwait has remained committed to the process. Indeed, the State of Kuwait has in different communications renewed and reiterated its commitment and readiness to discuss the issue under the auspices of the UNCC.” The Kuwaiti official also touched on the issue of returning certain sensitive and confidential documents that Kuwait Investment Authority (KIA) submitted in support of a category F3 claim.

    “The documents were submitted on the written and oral understanding that they would be returned once the claims review process was completed, and the State of Kuwait made a formal request for their return at the Council’s fifty-seventh session in September 2005,” said Al-Mudhaf.

    “The UNCC and the government of the State of Kuwait subsequently agreed, on July 25, 2006, to retain the documents at a location within the United Nations in order to maintain the integrity of the archiving policy adopted by the Governing Council at its fiftieth session in December 2003, as well as to facilitate unfettered access to the documents when needed by the UNCC or its auditors. Since these reasons are no longer pertinent, we now again formally request the Council to take the necessary steps towards returning the documents to the State of Kuwait.”

    http://www.arabtimesonline.com/NewsDetails/tabid/96/smid/414/ArticleID/195722/reftab/73/Default.aspx
    zimi31
    zimi31
    Interacting Investor
    Interacting Investor


    Posts : 2430
    Join date : 2012-12-21
    Location : New York

    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty Re: 11.2 billion dollars. Compensation due to Iraq of Kuwait

    Post by zimi31 Thu 02 May 2013, 8:21 am

    Hkp1 wrote:11.2 billion dollars. Compensation due to Iraq of Kuwait


    01 January 2013 09: 45 am Last updated: 01 may 2013 09: 45 am


    Kuwait
    confirmed in front of the United Nations Compensation Commission that
    reimbursed, he remaining compensation due for loss of Iraqi aggression
    up to about 11.2 billion dollars.

    He is Chairman of the public
    authority for assessment of compensation for loss of Iraqi aggression in
    Kuwait, Khaled Al-Mudhaf word at the opening of the 75th session of the
    Committee, which will last until May 2, that Kuwait has received $ 1.3
    billion on 24 January 2013 and about $ 1.13 billion on 25 April 2013.

    Mudhaf
    said Kuwait would promote further recognize more of the payments
    depends on the continued flow of resources in the compensation fund in
    accordance with relevant Security Council resolutions.

    Kuwait
    stressed the need to continue regular deposit compensation fund to 5% of
    the revenue generated by sales of Iraqi oil exports, petroleum products
    and natural gas in accordance with Security Council resolution No. 1956
    as well as 5% of the value of any non-cash payments for petroleum,
    petroleum products and natural gas.

    It also stressed "the
    importance of continuing to maintain a transparent mechanism to ensure
    check amounts transferred to the compensation fund.

    Mudhaf said
    that "continuing deposit those amounts in the compensation fund will
    move us closer to all of the final completion of the task of the
    Governing Council regarding the payment of full compensation to Kuwait
    approved by the Board that the right of the people of the State of
    Kuwait.

    He noted that Kuwait officially requested in September
    2005 of the Governing Council to take the necessary steps again to
    restore some sensitive and confidential documents of the United Nations
    Compensation Commission provided by the Kuwait Investment Authority to
    support the claim (and 3).

    It had been in after an agreement
    between the United Nations Compensation Commission and the Government of
    Kuwait on July 25, 2006 to keep the documents in place within the
    United Nations in order to maintain the integrity of the archive policy
    adopted by the Governing Council at its fiftieth session in October
    2003, as well as facilitating access Committee or auditors to these
    documents when needed without restrictions.

    Mudhaf said "as these reasons no longer exist so that Kuwait seeks to restore those sensitive documents to it».

    He
    pointed out that it had been agreed in 2008 that Iraq and Kuwait will
    meet under the auspices of the United Nations Compensation Commission to
    discuss the remaining amounts approved, stressing that Kuwait remained
    committed to this process renewed and repeated in different connections
    to their commitment and willingness to discuss this issue under the
    umbrella of the United Nations Compensation Commission. By news


    http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.mubasher.info%2Fportal%2FISX%2FgetDetailsStory.html%3FstoryId%3D2309419%26goToHomePageParam%3Dtrue


    Checking the translation on this article, look's like the wrong link. But what it is saying is Kuwait is waiting for a visit from Maliki to settle issues. Don't remember reading that he was going there...thought we were waiting for Mubarak! I'm getting a little foggy LOL
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 274255
    Join date : 2012-12-21

    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty Kuwait: Iraq still owes us reparations amounting to $11.2 billion

    Post by Rocky Fri 03 May 2013, 5:51 pm

    Kuwait: Iraq still owes us reparations amounting to $11.2 billion

    Iraq called on the Kuwaiti government to continue paying {} 5% of its oil revenues to the Compensation Fund to ensure payment of all damages incurred by him on a regular basis.

    Indicated it was waiting for the arrival of the rest of the compensation amounting {11.2} billion dollars after receiving inflated $ 2.43 billion in compensation since the beginning of the year.

    The agency quoted the official KUNA news Khalid Almudaf Chairman Board of Directors of the Public Authority for Assessment of Compensation today that “Kuwait received $ 1.3 billion in January and $ 1.13 billion on April 25.”

    And called Almudaf of Iraq to “continue to pay 5 percent of its oil revenues to the Compensation Fund to ensure payment of all damages incurred by him on a regular basis. “

    Kuwait and got $ 30 billion of the total $ 41 billion established by the United Nations in compensation for the damage to Kuwait because of the invasion of the former regime from August 1990 to February 1991.

    http://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www1.alforattv.net/modules/news/article.php%3Fstoryid%3D88298
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 60
    Location : Lone Star State

    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty Re: 11.2 billion dollars. Compensation due to Iraq of Kuwait

    Post by Neno Fri 03 May 2013, 6:47 pm

    Iraq called on the Kuwaiti government to continue paying {} 5% of its
    oil revenues to the Compensation Fund to ensure payment of all damages
    incurred by him on a regular basis.
    End of the month they can rewrite history if they want.

    Sponsored content


    11.2 billion dollars. Compensation due to Iraq of Kuwait Empty Re: 11.2 billion dollars. Compensation due to Iraq of Kuwait

    Post by Sponsored content


      Current date/time is Mon 22 Jul 2024, 8:28 pm