VOL. XXXVI

NO. 7

16-NOVEMBER-1992

IRAQ

UN Receives $100mn in Iraqi Oil Funds and Contributions

MEES understands that a total of $100mn has been contributed so far to the UNescrow account established last month in accordance with Security Councilresolution 778 (MEES, 12 October). This sum consists of voluntary contributionsworth $30mn from Saudi Arabia and $20mn from Kuwait, matched by $50mn by the USfrom funds derived from the sale of Iraqi oil to American companies prior toAugust 1990. It is...