VOL. XXXIV

NO. 39

1-JULY-1991

Iraq

US Agrees that 30% of Iraqi Oil Revenue Should Be Allocated forReparations

The US Government, yielding to majority opinion in the Security Council, hasagreed to the proposal by UN Secretary General Javier Perez de Cuellar that 30%of Iraq's future oil revenues should be allocated to pay for war damages. StateDepartment spokeswoman Margaret Tutwiler told the press on 26 June that"we are, and we believe the majority of the members now are, on 30% for theactual level...