UN Security Council eases sanctions and Baghdad paid $ 42 billion in war reparations Kuwait

Published in: 10:25 am, June 28, 2013 Editor: jamal
The war in Iraq and Kuwait

BAGHDAD (Iba) .. Security Council eased sanctions imposed on Iraq since the invasion of Kuwait, and raising the threat of sanctions on Baghdad or resorting to force right under Chapter VII of the Charter of the United Nations, and after paying $ 42 billion compensation.

The UN Security Council adopted Thursday (June 27) a new step towards the lifting of international sanctions imposed on Iraq more than two decades ago after the invasion of Iraqi President Saddam Hussein of Kuwait in 1990.

The Council approved the 15-member unanimously agreed that the issue of missing Kuwaiti property and records should be handled in accordance with Chapter VI and not VII of the UN Charter. Chapter VI urges Member States to resolve any conflicts by peaceful means.

The move represents an important political support for Baghdad, which is struggling to regain its international status after the success of the US-led invasion of Iraq, the United States in 2003 to overthrow Saddam. The Security Council acknowledged "the importance of Iraq's access to international stature equal to that was well before 1990." And US-led forces expelled Iraq from Kuwait in the Gulf War in 1991.

He said Iraqi Foreign Minister Hoshyar Zebari said after the vote "This is a new beginning for relations between our two neighboring brotherly countries, It is an example for other countries to solve their disputes and differences through peaceful means." He said Zebari Security Council resolution "an important basis in the history of relations between Iraq and the international community" and between Baghdad and Kuwait .

The United Nations Compensation Fund that Baghdad is paid to Kuwait so far a total of 2.41 billion dollars for compensation for property damage. The IMF said that Kuwait has received 7.14 billion dollars in 2000 compared to losses in production and sales resulting from damage to sustained oil Bhakolha. He stated that the only remaining claim and worth 2.11 billion dollars still exist, and made by Kuwait Petroleum Corporation (KPC). The IMF said that the money he received from Iraq, allowing him to pay all the money that has not been paid to Kuwait by 2015.

Diplomats say the only issues related to the Iraqi invasion of Kuwait, which is still under Chapter VII is an arms embargo and Baghdad paid $ 52 billion dollars in compensation to Kuwait. Iraq still owes eleven billion dollars and said he expected to meet the payments by 2015. TL003576

Diplomats say that there are still a range of issues related to Chapter VII imposed on Baghdad after the overthrow of Saddam Hussein in 2003, including the freezing of assets and restore back to the reign of the late President Saddam Hussein and the trade embargo on Iraqi cultural property stolen.

The Secretary-General of the United Nations Ban Ki-moon to take over the political mission of the international organization in Iraq responsibility to facilitate the search for missing Kuwaiti nationals or their remains and property and the country's national records. (End)

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