23/05/2013 | 12:05 AM | Kuwait News
NATIONS, May 22 (KUNA) - 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.
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
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.
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.
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) sj.gb KUNA 230005 May 13NNNN
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