Kuwait receives $1 billion in war reparations from UN panel

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Oil fields set ablaze by the Iraqi occupation forces in Al Maqwa, Kuwait. UN Photo/John Isaac

A billion dollars has been made available to Kuwait for losses incurred in the 1990 Iraqi invasion of the country.

The United Nations Compensation Commission (UNCC), in charge of handling claims and making payments, made the announcement on Thursday.

The claims are divided into six categories and include individuals, corporations, Governments and international organizations.

The billion dollar payment settles a claim submitted by Kuwait on behalf of the Kuwait Petroleum Corporation following damages to its oil fields.

The total amount of compensation received by Kuwait now amounts to around $47 billion.

Only $4.6 billion remains to be paid to the Gulf State.

Stephanie Coutrix, United Nations.

Duration:  47″

 

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