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Iraq Receives $8 Mn from UN Compensation Commission After Full Payment to Kuwait

The Central Bank of Iraq (CBI). (INA)
The Central Bank of Iraq (CBI). (INA)
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Iraq Receives $8 Mn from UN Compensation Commission After Full Payment to Kuwait

The Central Bank of Iraq (CBI). (INA)
The Central Bank of Iraq (CBI). (INA)

The Central Bank of Iraq (CBI) received the remaining sum from the UN Compensation Fund after paying all compensations to Kuwait relating to the invasion of Kuwait during the rule of late President Saddam Hussein in 1990.

In a statement, CBI said it received $7.9 million, the remaining money in the compensation fund, after delivering the last instalment of Kuwait's compensations.

It explained that the amount was returned to Iraq after auditing the accounts, in line with UN Security Council Resolution 2621 (2022) concerned with completing the compensation file resulting from the invasion.

Iraq announced in 2021 that it had terminated all necessary banking arrangements with the US Federal Reserve Bank to stop the automatic deduction of Kuwait's compensation from the revenues of Iraqi crude oil exports after paying the remaining amount of payment.

The UN Compensation Commission (UNCC) was formed in 1991, the same year the US-led coalition expelled Iraqi forces from Kuwait.

The Commission was tasked with paying $52.4 billion to Kuwaiti individuals, companies, government agencies, and other organizations that suffered losses due to the war. Compensation funds come from a tax imposed on sales of Iraqi oil and its products.

Iraq paid the last compensation in February. In total, Iraq paid around $52 billion.

The Security Council later announced the end of the mandate of the Compensation Commission.

Chairman of the UN Compensation Commission, Michael Jaffe, said that 2.7 million claims had been submitted seeking compensation of $352 billion, explaining that a total of $52.4 billion was awarded to 1.5 million claimants, and the final payment from the Commission was on January 13, 2022.

It represents approximately 15 percent of the total amounts claimed and reflects the comprehensive review conducted by the Commission.

The most significant single claim approved by the Commission was compensation to the Petroleum Corporation, estimated at $14.7 billion, after Iraqi forces set fire to oil wells as they left Kuwait.

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Sudan's al-Burhan: There Are No Preconditions for Dialogue

Al-Burhan delivers his speech at the United Nations in New York, September 26, 2024. (EPA)
Al-Burhan delivers his speech at the United Nations in New York, September 26, 2024. (EPA)
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Sudan's al-Burhan: There Are No Preconditions for Dialogue

Al-Burhan delivers his speech at the United Nations in New York, September 26, 2024. (EPA)
Al-Burhan delivers his speech at the United Nations in New York, September 26, 2024. (EPA)

Sudanese Armed Forces Chief and Sovereign Council Chairman General Abdel Fattah al-Burhan has accused the Rapid Support Forces (RSF), led by Mohamed Hamdan Dagalo (Hemedti), of betrayal for rejecting agreements reached during the Jeddah talks, which were brokered by Saudi Arabia and the United States.

Burhan emphasized that he is not setting preconditions but is calling for the implementation of previous agreements between the two sides.

His remarks on Friday came amid intense diplomatic moves during the 79th UN General Assembly in New York. Saudi Arabia announced that its aid to Sudan had exceeded $3 billion, while the United States urged for humanitarian ceasefires, especially in the Darfur region.

At a press conference following his participation in the UN meetings, Burhan said that Sudan is facing a conspiracy involving internal political forces and some regional and international powers, aiming to change the government through armed force.

When asked by Asharq Al-Awsat whether he would negotiate with Hemedti without preconditions based on the Jeddah Agreement, Burhan reiterated that what he seeks is the execution of what was already agreed upon in Jeddah.

He stressed that the parties and mediators had agreed on specific military and security measures, including leadership and budget details. Burhan insisted that until these agreements are implemented, there will be no further negotiations with those who "betray their promises."

The head of the sovereign country dismissed international accusations that both he and Hemedti are putting personal interests above the nation’s well-being. He asserted that the conflict is not a battle between two generals but a war against the Sudanese people and state.

Sudan was a focal point during the UN meetings, with a ministerial session titled, "The Cost of Inaction: Urgent and Collective Support to Scale Up the Humanitarian Response in Sudan and the Region."

The session, led by Saudi Arabia, the US, Egypt, the African Union, and the EU, called for an end to the war and expanded humanitarian efforts in Sudan and neighboring regions.

Joyce Msuya, acting coordinator for UN emergency relief, emphasized the need for a coordinated diplomatic push to improve humanitarian access and streamline the delivery of aid across borders and conflict lines. She urged member states to support increasing aid through Chad’s Adré crossing and extending its operation beyond the initial three-month period. In light of funding shortages, the UN Central Emergency Response Fund allocated $25 million to address famine and acute food insecurity in Sudan.

For her part, US Ambassador to the UN Linda Thomas-Greenfield called for humanitarian pauses in the fighting, particularly in El-Fasher and Khartoum, to allow aid delivery and civilian evacuation.

Dr. Abdullah Al-Rabeeah, Supervisor General of the King Salman Humanitarian Aid and Relief Center (KSRELIEF), revealed that Saudi Arabia’s aid to Sudan has surpassed $3 billion. He highlighted that the center had intensified its efforts after the outbreak of the conflict, implementing more than 70 humanitarian projects worth over $73 million in collaboration with UN agencies and other organizations.

Al-Rabeeah further stressed that the challenges posed by Sudan's crisis require collective efforts to provide unrestricted humanitarian assistance and sustainable, coordinated responses to ensure safe access to affected areas.