Wednesday April 30, 2014 - 11:28
Kuwait confirmed in Geneva yesterday that the remaining compensation to Iraq up to 6.879 billion dollars after receiving 1.03 billion last January and 990 million in April this year.
The head of the Board of Directors of the Public Authority for Assessment of Compensation for the so-called loss of Iraqi aggression Khaled Ahmad Al-Mudhaf before session 77 of the UN Commission for compensation «to promote the continuation of Kuwait receipt of these payments depends on the continued flow of resources into the Compensation Fund in accordance with the decisions of the relevant Security Council», and stressed «need to continue filing regular undertaking by Iraq in the Compensation Fund to 5% of the revenues derived from all export sales of Iraqi petroleum and petroleum products, natural gas, according to the UN Security Council Resolution 1956 as well as a similar proportion of the value of any payments other than cash for oil and petroleum products and natural gas ».
He Almudaf «Kuwait also stresses the importance of continuing to maintain a transparent mechanism to ensure scrutiny of the amounts transferred to the Compensation Fund as it will bring the continuation of the deposit of such amounts from the final completion of the task of the Board of Directors regarding the payment of full compensation to the State of Kuwait, which was approved by the Board that the right of the people of the State of Kuwait» , explained «that since the beginning when it was agreed in 2008 to meet Iraq and Kuwait under the auspices of the United Nations Compensation Commission to discuss the issue and the remaining amounts payable to the Government of Kuwait Kuwait remained committed to the process».
He also noted «renewal of the State of Kuwait in different connections commitment and willingness to discuss this issue under the umbrella of the United Nations Commission on Compensation», and added, «We would like to recall that ensure payment of the remaining amounts owed to Kuwait is the responsibility of the Board of Directors in accordance with its primary functions and this should not be on the United Nations Commission on Compensation The shrinking of its efforts until the payment of the full amount, especially since the Commission has always stood ready to provide experts and provide technical assistance in order to help to make real progress in this regard ».
He said «that the Kuwaiti government has provided political guarantees to the Board of Directors were released amounts withheld under the scheduled 258, Kuwait going since receiving the program successfully provided and will provide the State of Kuwait in the month of May 2014 report on the basis of the agreement between the point of the link Kuwait National Board of Directors».
The transfer Almudaf welcome the Government of the State of Kuwait, new members of the Board of Directors, which now houses the Jordanian ambassador to the United Nations here Recep SUKAYRI counterparts and Chad's ambassador to blame Bamnga Abbas and Ambassador of Chile Josaa Luis Balmaceda and the Ambassador of Lithuania Rytis Paulausks and Ambassador of Nigeria Omona Humphrey Orjiako.
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