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Kuwait agrees to transfer the remainder of the compensation to the investment

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Kuwait agrees to transfer the remainder of the compensation to the investment

Unread postby Stillw8n » Mon Nov 05, 2012 11:02 am

Kuwait agrees to transfer the remainder of the compensation to the investment
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The State of Kuwait has agreed to convert the remainder of the amount of compensation the financial implications of the former regime’s invasion of Kuwait to investments in a number of provinces, as proclaimed by the United Nations Mission in Iraq (UNAMI).

The Head of Mission Representative of the Secretary-General of the United Nations, Martin Kobler in a press statement released on Monday, and received PUKmedia , a copy of which, that “Kuwait has agreed to convert the remainder of the amount of compensation owed ​​by Iraq by the invasion of the territory of 1990, to investments in Basra and a number from other Iraqi provinces. “

The UN Security Council imposed on Iraq after the invasion of the former regime of Kuwait, a number of international sanctions under Chapter VII of the Charter of the United Nations, including obliging him to pay financial compensation to Kuwait.



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