VOL. XXXVII

NO. 34

23-MAY-1994

Iraq

Security Council Endorses Ghali Plan To Seek Out Iraqi Oil Funds

The UN Security Council has approved a request made by UN Secretary GeneralButros Ghali that he be given authority to approach the international oilindustry in order to locate funds that might be owed to Iraq as a result ofcrude oil sales that took place shortly before the imposition of internationaltrade sanctions in August 1990. Mr. Ghali made his request in a letter to theSecurity Council dated...