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Iraq wants to cut Kuwait payments

Iraq seeks to halve compensation for Kuwait as the row over war reparations damages already-strained relations.

By Ben Lando of Iraq Oil Report
Published July 1, 2009

By ABEER MOHAMED AND TIARE RATH
Institute for War & Peace Reporting

Iraq is seeking to slash the compensation it pays to Kuwait in Gulf War damages by half, an aide to Prime Minister Nuri al-Maliki told IWPR.

Iraq shells out five per cent of its oil revenue to a United Nations war reparations fund created after the 1990 invasion of Kuwait, a financial obligation that Iraqi officials claim is a heavy burden on the country as it attempts to rebuild. Kuwait is the fund’s primary beneficiar...

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