VOL. XLIII

No. 40

2-OCTOBER-2000

IRAQ

Security Council Endorses KPC Claims Against Iraq, But Reduces Iraqi Payments To UNCC

The UN Security Council on 27 September reached a compromise over Kuwaiti compensation claims against Iraq arising from the 1990-91 Iraqi invasion and occupation. On the one hand, the Council agreed to endorse the $15.9bn claim filed by the Kuwait Petroleum Corporation (KPC) against Iraq at the United Nations Compensation Commission (UNCC) tribunal in Geneva, while on the...