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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
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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
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