VOL. XXXV

NO. 18

3-FEBRUARY-1992

Iraq

Compensation Fund Refuses Iraqi Proposal to Postpone Reparations; ShadidiLists Financial Commitments and Oil Requests

The Governing Council of the UN Compensation Fund, meeting at its fourthsession in Geneva during 20-24 January, declined to consider an Iraqi requestfor a five-year grace period before making war compensation payments (set at 30%of oil sales proceeds) maintaining that the issue falls within the jurisdictionof the Security Council. A press...