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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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Türkiye Sends Massive Reinforcements to Syria’s Idlib, Aleppo

Military reinforcements on the way to the Bab al-Hawa border crossing between Türkiye and Syria (Turkish media)
Military reinforcements on the way to the Bab al-Hawa border crossing between Türkiye and Syria (Turkish media)
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Türkiye Sends Massive Reinforcements to Syria’s Idlib, Aleppo

Military reinforcements on the way to the Bab al-Hawa border crossing between Türkiye and Syria (Turkish media)
Military reinforcements on the way to the Bab al-Hawa border crossing between Türkiye and Syria (Turkish media)

Türkiye has sent massive military reinforcements to its military positions in eastern Idlib and the western Aleppo countryside, within the de-escalation zones in northwestern Syria, known as the "Putin-Erdogan" agreement zones.

A Turkish military convoy consisting of more than 75 vehicles, including troop carriers, armored vehicles transporting soldiers, and trucks loaded with logistical and military supplies, entered through the Bab al-Hawa border crossing between Syria and Türkiye. According to the Syrian Observatory for Human Rights on Friday, these new reinforcements were distributed across Turkish military points in eastern Aleppo countryside.

This marked the second batch of Turkish reinforcements in less than 24 hours. On Thursday, the Turkish military brought in a convoy of 15 vehicles carrying weapons and soldiers, including closed trucks, accompanied by Turkish intelligence vehicles, through the Bab al-Hawa crossing. These reinforcements were directed to Turkish positions in the town of al-Atarib and its surroundings in the western Aleppo countryside.

The new reinforcements come amid ongoing attacks and targeting by the Syrian army within the de-escalation zone in Idlib.

These areas have witnessed escalating clashes and mutual attacks for over two months between Syrian forces and the Fatah al-Mubeen factions, resulting in casualties on both sides.

The Syrian Observatory recorded 346 military and civilian deaths across 307 incidents in the "Putin-Erdogan" zones since the start of 2024, including attacks, sniper operations, clashes, and armed drone strikes. More than 129 soldiers and 157 civilians, including five women and 35 children, were wounded to varying degrees.

In a related context, the village of Kabashin, in the Shirwa district of Afrin, north of Aleppo, within the Olive Branch zone controlled by Turkish forces and factions of the Turkish-backed Syrian National Army, was shelled with mortars from areas where the Syrian Democratic Forces (SDF) and Syrian army are stationed in the northern Aleppo countryside.

The Syrian Observatory also reported attacks between the SDF and Turkish forces, along with their allied factions, on fronts in northern and eastern Aleppo countryside. On Thursday, five mortar shells landed near a Turkish base around the Abu al-Zandin crossing in eastern Aleppo’s al-Bab countryside, part of the Euphrates Shield zone under Turkish and allied factions’ control, originating from Syrian army positions in Aleppo’s countryside. The Turkish base responded to the source of the shelling with heavy artillery.

Turkish forces and factions also targeted the villages of Sheikh Issa and Harbel with heavy artillery, areas where the SDF and Syrian army are stationed in the northern Aleppo countryside.