NO. 17



Iraq Asks UN for a Five Year Moratorium on Compensation Payments

Iraq has asked the United Nations for a five-year grace period before makingcompensation payments to the victims of the 1990 invasion of Kuwait. Mr.Muhammad Ridha al-Shadidi, advisor to the Iraqi Minister of Oil, told theGoverning Council of the UN Compensation Fund last week that "Iraq shouldbe granted a five-year grace period to have time to adjust its economy in a waywhich permits it to meet...