Saturday, October 07, 2006
Kuwait receives compensation for Iraq invasion
Region
Kuwait has received 11.2 billion dollars in war reparations from Iraq for Baghdad’s 1990-1991 invasion and occupation of the emirate, an official report said Saturday. The report by Kuwait’s compensation authority, published in Al Qabas daily, said the UN Compensation Commission had so far approved 41.3 billion dollars in war reparations for Kuwait. The emirate has filed compensation claims worth 178 billion dollars to the UNCC, set up by the UN Security Council after Saddam Hussein’s forces occupied Kuwait in 1990 before being ousted seven months later by a US-led coalition. The emirate agreed in 2004 to an American request to substantially cut the estimated 16-billion-dollar debt owed to it by Iraq.