VOL. XLII

No. 19

10-May-1999

IRAQ

Iraq Asks UN To Halt Payments To Compensation Fund

Iraq has formally requested that the UN should stop paymentsto the Compensation Fund under the UN oil-for-food deal, according to a letterfrom Iraqi Foreign Minister Muhammad Sa'id al-Sahaf to UN Secretary GeneralKofi Annan on 4 May. Under the present arrangement, one-third of all revenuegenerated under the program goes to the fund created to compensate victims ofthe 1990 invasion of Kuwait. Low oil prices have...