UN Pays 864 Million Dollars for Gulf War Damages

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Last updated at: (Beijing Time) Wednesday, April 09, 2003

UN Pays 864 Million Dollars for Gulf War Damages

The United Nations panel overseeing compensation to the victims of Iraq's invasion of Kuwait released some 864 million US dollars Tuesday to compensate claimants in Kuwait.

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The United Nations panel overseeing compensation to the victims of Iraq's invasion of Kuwait released some 864 million US dollars Tuesday to compensate claimants in Kuwait.

The UN Compensation Commission (UNCC), which distributes funds received from the Security Council-supervised oil-for-food program, is handing over the bulk to 27 governments and two international organizations for distribution to 370 claimants already approved by the panel.

According to the commission, the amount set aside for Kuwait is738 million dollars, which will go to individuals, corporations and the government itself.

The sum of compensation also includes 23.6 million dollars for Britain, 20 million for Israel, 18.3 million for Turkey, 13.5 million for the United States, 10.7 million for the Saudi Arabia, 10 million for Russia and 10 million for Bosnia and Herzegovina.

The current payments bring to 17.57 billion dollars the total compensation the commission has so far released to companies, governments and individuals who have suffered losses from Iraq's 1990 invasion of Kuwait.

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