VOL. XXXV

NO. 24

16-MARCH-1992

US Treasury Official Gives In-Depth Account Of Economic CountermeasuresAgainst Iraq's Invasion Of Kuwait

The following is the text of a presentation by Mr. Richard Newcomb to theKuwait Economic Society in Kuwait on 24 February 1992. Mr. Newcomb is Directorof the Office of Foreign Assets Control, United States Department of theTreasury.

I am very pleased to be here tonight to discuss the US Treasury's role indirecting the US Government's economic response to Saddam...