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| Iraq |
| Iraq owes Kuwait $22.3 bn in reparations: report |
| 2010-08-18 |
| [Arab News] Iraq still owes Kuwait $22.3 billion in reparations from its invasion of the Gulf Arab state two decades ago and the Gulf War that liberated it, a Kuwaiti official said in remarks published on Tuesday. Mansour Hayat, of the state committee that is coordinating the claims with a UN compensation commission, told Al-Seyassah daily in an interview all of the outstanding payments were due to the government and the oil sector. He said individuals and companies had received a total of $18.78 billion. Iraq is seeking forgiveness of outstanding compensation, or a reduction in the amount of annual oil revenue it has been setting aside to pay war reparations to Kuwait and other countries affected by the 1990-1991 Gulf crisis. Baghdad argues it needs the extra cash to help fund rebuilding after the 2003 US invasion that toppled Saddam Hussein. Kuwait resumed diplomatic ties with Iraq after the invasion but has so far opposed forgiving the reparations. I don't think 'forgive' translates into Arabic ... |
| Posted by:Fred |
| #2 It would be nice if the new Iraqi govt sent a little money or oil to the ol' USA for their troubles. I guess thankfulness is foreign too. |
| Posted by: Hellfish 2010-08-18 12:20 |
| #1 Generational guilt. It's not the same government, let a lone the same leadership, that did the damaged. Obligations should have ended with the perp at the end of the rope. This is one of the causal problems from WWI that led to WWII. |
| Posted by: Procopius2k 2010-08-18 08:19 |