Iraq Released From U.N. Oil-For-Food Program Imposed After Gulf War
The United Nations Security Council issued a resolution on Friday (December 8) to put an end to Iraq’s obligation of U.N.’s Oil-for-Food Program under Chapter IIV.
The Iraqi Foreign Ministry said in a statement today December 9 that the country was removed from the U.N. charter after “diplomatic successes” of the ministry.
The Security Council concluded all the measures imposed in its resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations in relation to the Iraq oil-for-food program had been fully implemented.
Unanimously adopting resolution 2390 (2017), the Council welcomed the fact that the remaining funds in the escrow accounts established pursuant to resolution 1958 (2010) had been transferred to the Government of Iraq pursuant to resolution 2335 (2016).
The Council acknowledged the Secretary-General’s final report on the matter (document S/2017/820), which stated, among other things, that the remaining $14,283,565 in the administrative escrow account had been transferred to Iraq.
Following the adoption, Amy Noel Tachco (United States) applauded Iraq’s complete implementation of measures under the oil-for-food program, although the country still faced many challenges. She looked forward to close cooperation internationally and bilaterally in support of Iraq as a federal, democratic and prosperous country.
The invasion of Kuwait by Iraq’s former regime in 1990 prompted the U.N. Security Council to put Iraq under Chapter VII of the U.N. Charter.
Chapter VII allows the U.N. Security Council to implement a series of options against a country charged with breach of the peace or act of aggression, ranging from sanctions to military action if a state refuses to comply with Security Council demands.
Under the Oil-for-Food Program Iraq was allowed to sell oil in the world market in exchange for food, medicine, and other humanitarian needs for Iraq citizens.
The resolution number 1958 for 2010 of Security Council added several obligations under Chapter VII, including completion of Kuwait compensation.
Last month, the Iraqi prime minister's adviser for financial affairs, Mohammed Saleh, said, "Iraq reached an agreement to pay compensation for the invasion of Kuwait in 1990, amounting to 4.6 billion dollars in compensation for the destruction of its oil facilities and for victims of war.
A US-led international coalition evicted Iraqi troops from Kuwait in February 1991 after a seven-month occupation.
Iraq in October 2014 had suspended payment of the tax imposed, by Chapter VII, on its oil exports as war reparations by the U.N. Security Council, at the height of an offensive by the Islamic State jihadist group. Those depts have now been paid, resulting in yesterday’s U.N. resolution 2390 (2017).