Mon. PM TNT News Articles 11-1-21

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TNT

Cutebwoy:
Iraq pays Kuwait $490 million and is close to closing the compensation file

Baghdad / Obelisk: The Iraqi embassy in the State of Kuwait announced, on Monday, November 1, 2021, that Iraq had recently paid $490 million in compensation amounts approved by the United Nations Compensation Committee due to the ousted regime’s invasion of the neighboring country in the early nineties of the last century.

The embassy said in a statement received by Al-Masala that Iraq paid the said amount last Tuesday and will work to pay the remaining amount of compensation, estimated at about (629) million dollars, at the beginning of next year 2022, to close the compensation file permanently, in addition to working to close the remaining outstanding files between the Republic of Iraq and the State of Kuwait.

The statement indicated that this comes within the framework of the Republic of Iraq’s endeavor to fulfill its international obligations, through the implementation of resolutions issued by the United Nations, and Iraq’s full commitment to pay the compensation amounts approved by the United Nations Compensation Committee (UNCC).

Iraq pays Kuwait $490 million and is close to closing the compensation file

Source: Dinar Recaps

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