Kuwait

The UN Compensation Commission (UNCC), which settles the damage claims of those who suffered losses due to Iraq's 1990 invasion of Kuwait, announced that it has made USD 460 million available on Jan. 29 to 12 successful claimants. This round of payments brings the total amount of compensation made by the Geneva-based UNCC to date to individuals, corporations, governments and international organizations to USD 26.9 billion. Established in 1991 as a subsidiary organ of the Security Council, the Commission has so far received nearly 3 million claims, including from close to 100 governments for themselves, their nationals or their corporations. (UN News Service)

About the author

  • Devex Editor

    Thanks a lot for your interest in Devex News. To share news and views, story ideas and press releases, please email news@devex.com. We look forward to hearing from you.