23/05/2013 | 12:05 AM | Kuwait News
UNITED NATIONS, May 22 (KUNA) The Security Council approved Secretary General’s proposal to conclude an agreement with Iraq in order to transfer the Kuwaiti funds contained in a UN Trust Fund to the Iraqi Government so that it distributes appropriate amounts on the Iraqi private citizens who remained on Kuwaiti territory following the demarcation of the international boundary between Iraq and Kuwait.
Ban had informed the Council in a letter that “given the Iraqi requests to transfer the funds and the fact that no objections were raised by the State of Kuwait, I intend to conclude an agreement with the Government of Iraq whereby the United Nations will transfer the funds contained in the Trust Fund, less applicable administrative costs, to the Government of Iraq.” He did not specify a date when the transfer will take place. (more…)
















