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**UNSC approves Ban''s plan for Kuwait-Iraq border deal
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**UNSC approves Ban''s plan for Kuwait-Iraq border deal
**UNSC approves Ban''s plan for Kuwait-Iraq border deal
23/05/2013
UNSC approves Ban''s plan for Kuwait-Iraq border deal
UNITED NATIONS, The Security Council approved Secretary-General's proposal to conclude an agreement with Iraq in order to transfer the Kuwaiti funds contained in a UN Trust Fund to the Iraqi Government so that it distributes appropriate amounts on the Iraqi private citizens who remained on Kuwaiti territory following the demarcation of the international boundary between Iraq and Kuwait.
Ban had informed the Council in a letter that "given the Iraqi requests to transfer the funds and the fact that no objections were raised by the State of Kuwait, -- I intend to conclude an agreement with the Government of Iraq whereby the United Nations will transfer the funds contained in the Trust Fund, less applicable administrative costs, to the Government of Iraq."
He did not specify a date when the transfer will take place.
The Iraqi Government will assume "full responsibility for identifying the beneficiaries, determining the amount of compensation to be paid to each beneficiary and disbursing the corresponding amounts The agreement will also provide for the Government of Iraq to inform me on a regular basis of the progress achieved in identifying and making payment to the beneficiaries and on completion of the process," Ban's letter added. Kuwait had trusted the compensation money - 1,438,718 - with the UN and said in a letter dated February 2009 that "Kuwait had fulfilled all of its commitments relating to the issue of compensation of the Iraqi farmers and that the subject 'now remains between the United Nations and Iraq.
The Kuwaiti letter outlined no conditions or specific demands, Ban told the Council in his letter. Earlier this month, Iraqi Foreign Minister Hoshyar Zebari requested Ban to transfer the Kuwaiti compensation funds to the farmers, in US dollars, to the Ministry's account number 2 at the Rasheed Bank. "Should the Council agree ... my responsibilities ... will have been discharged upon transfer of the funds to the Government of Iraq. The Governments of Iraq and Kuwait have been consulted on and agree with the course of action," Ban said.
Council President Kodjo Menan of Togo told Ban in a response letter distributed on Wednesday that the Council "has decided to approve the proposal contained in your letter." (end)
http://www.kuna.net.kw/ArticleDetails.aspx?id=2312529&Language=en
23/05/2013
UNSC approves Ban''s plan for Kuwait-Iraq border deal
UNITED NATIONS, The Security Council approved Secretary-General's proposal to conclude an agreement with Iraq in order to transfer the Kuwaiti funds contained in a UN Trust Fund to the Iraqi Government so that it distributes appropriate amounts on the Iraqi private citizens who remained on Kuwaiti territory following the demarcation of the international boundary between Iraq and Kuwait.
Ban had informed the Council in a letter that "given the Iraqi requests to transfer the funds and the fact that no objections were raised by the State of Kuwait, -- I intend to conclude an agreement with the Government of Iraq whereby the United Nations will transfer the funds contained in the Trust Fund, less applicable administrative costs, to the Government of Iraq."
He did not specify a date when the transfer will take place.
The Iraqi Government will assume "full responsibility for identifying the beneficiaries, determining the amount of compensation to be paid to each beneficiary and disbursing the corresponding amounts The agreement will also provide for the Government of Iraq to inform me on a regular basis of the progress achieved in identifying and making payment to the beneficiaries and on completion of the process," Ban's letter added. Kuwait had trusted the compensation money - 1,438,718 - with the UN and said in a letter dated February 2009 that "Kuwait had fulfilled all of its commitments relating to the issue of compensation of the Iraqi farmers and that the subject 'now remains between the United Nations and Iraq.
The Kuwaiti letter outlined no conditions or specific demands, Ban told the Council in his letter. Earlier this month, Iraqi Foreign Minister Hoshyar Zebari requested Ban to transfer the Kuwaiti compensation funds to the farmers, in US dollars, to the Ministry's account number 2 at the Rasheed Bank. "Should the Council agree ... my responsibilities ... will have been discharged upon transfer of the funds to the Government of Iraq. The Governments of Iraq and Kuwait have been consulted on and agree with the course of action," Ban said.
Council President Kodjo Menan of Togo told Ban in a response letter distributed on Wednesday that the Council "has decided to approve the proposal contained in your letter." (end)
http://www.kuna.net.kw/ArticleDetails.aspx?id=2312529&Language=en
Ponee- Admin
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Re: **UNSC approves Ban''s plan for Kuwait-Iraq border deal
remember when the camel jockeys come back from vacation they still have to vote on this
Jayzze- VIP Member
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Join date : 2011-06-23
Re: **UNSC approves Ban''s plan for Kuwait-Iraq border deal
Nothing for them to vote on, this reads like a done deal. This is a UN action, not an Iraqi one ...
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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