Kuwait gets $650m more in Iraq war compensation
1991 invasion by Saddam Hussein's regime proves costly
Kuwait has so far been paid $30.15 billion. (REUTERS)
The United Nations released $650 million in Iraqi compensation to Kuwait on Thursday, the latest payment of a war reparation scheme that began in 1994.
The payment brings the total sum of compensation paid to Kuwait to $30.15 billion.
A further $22.3 billion is due to Kuwait.
Most of the latest round went to state and private companies, governments and international organisation, the UN Compensation Commission said in a statement.
Following the 1991 invasion of Kuwait by Saddam Hussein's regime, Iraq is required to put five per cent of its oil and gas revenues into the UN reparations fund.
As it has struggled with insecurity and a raft of economic problems since 2003, Iraq has been appealing for its payments to be reduced.
In May, Iraqi Oil Minister Hussein al-Shahristani renewed the call for Kuwait to "forget the past," saying his country could not sustain the obligation.
Follow
Emirates 24|7
Follow
Emirates 24|7
Emirates 24|7
Weather Forecast
-
-
Saturday
Sunny
Max: 42 °
Min: 29 °
-
Sunday
Sunny
Max: 45 °
Min: 29 °
-
Monday
Sunny
Max: 42 °
Min: 30 °
-
Saturday
Editor's Choice
-
Jewel thieves cut through concrete but get undone by flimsy iron grill
Trio who hired first floor room above ground floor store, get stumped at mezzanine
-
'Dead Willi' flown back to Berlin, this time legally
The bizarre story of a German woman arrested trying to fly her dead husband home from England on easyJet in April has
-
10 ways to control road rage
Rein in that temper and enjoy a top drive that is both safe and free of anger as school season commences
Comments