Iraq completed the payment of more than $ 50 billion compensation for damage for illegal military invasion and occupation of Kuwait in 1990-1991, Interfax reports.
Postman of Russia when separating the UN and other international organizations in Geneva Gennady Gatilov, speaking at the 16th Special Session of the UN Compensation Commission on Iraq (CKOON), said that “Russia, like other UN Security Council countries welcomes the tireless efforts Official Baghdad to fulfill its international obligations to pay applicants who were awarded compensation. “
“It is such a responsible approach that reasons at the beginning of last month, and now Iraq should no longer translate the percentage of income from the export sales of oil to the compensation fund,” he added.
The Compensation Commission was established by UN Security Council resolutions in the spring of 1991 in order to manage direct losses, damage or harm caused by citizens, companies, governments and international organizations as a result of the illegal invasion of Iraq and the occupation of Kuwait.
UN Security Council originally determined that the Iraq Foundation had to deduct 30% of the export of oil and petroleum products, then this share was reduced to 25%, and later was reduced to 5%.
The Commission reviewed more than 2,686 million complaints of $ 3,52.5 billion of them from them was satisfied with over 1.5 million claims worth about $ 52.4 billion. According to documents, among the recipients were Russian victims.
On August 2, 1990, Iraqi troops invaded the territory of Kuwait and occupied the country in order to take possession of its oil resources. The UN introduced sanctions against Iraq. The United States and their allies, having received the mandate of the UN Security Council, conducted a “storm in the desert” surgery, freeing Kuwait in February 1991.