The State of Kuwait announced Wednesday desire and readiness to start consultations with Iraq over the reparation of the remaining compensations of Iraq's 1990 invasion of Kuwait, estimated at USD 4.6 Billion.

    Addressing the 81st session of the UN Compensation Commission (UNCC), Chairman of the Public Authority for Assessment of Compensation (PAAC) Khaled Al-Mudhaf said that Kuwait is ready to discuss the issue with Iraq under the aegis of the UNCC.

    Mudhaf stressed Kuwait's readiness to offer technical support to Iraq through the UNCC regarding claims submitted to the Iraqi judiciary to help close this dossier once and for all, according to the statement carried by Kuwait News Agency (KUNA).

    He pointed out that Kuwait has previously agreed on two requests from Iraq to postpone the payment of the remaining compensations till January 2018, with no effect whatsoever on the UNSC resolutions, as it was clarified in the official letter sent by Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah to Iraqi Foreign Minister Ibrahim Al-Jaafari.

Source: QNA