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http://biz.yahoo.com/ap/020313/un_iraq_compensation_1.html * U.N. APPROVES IN PAYMENTS OF $1.8 BILLION FOR IRAQ INVASION OF KUWAIT Yahoo (from Associated Press), 13th March GENEVA: A United Nations panel Wednesday approved $1.8 billion in payments to Kuwait, Saudi Arabia and other claimants for losses resulting from Iraq's 1990 invasion of Kuwait. Of the total the bulk -- $1.5 billion -- is for Kuwaiti business, government and individual claimants, said spokesman Joe Sills. Of the remainder, most is for Saudi Arabia. The U.N. Compensation Commission also set up a review process for 1,318 late claims from Palestinian-owned business that say they suffered losses in the invasion, said Sills. "These people are claiming they did not have an effective opportunity for a timely filing," he said. "A panel has now been constituted," Sills added. "They will begin work in May on judging these claims and deciding whether they should receive awards or not." He said the Palestinian Authority had been given until July 1 to submit further late claims. Nearly $1 billion was approved for Kuwaiti ministries and other government operations, and the Saudi government is to received $159 million for similar claims, said Mojtaba Kazazi, chief of the commission secretariat. So far the panel has awarded compensation of $37.7 billion to victims of the invasion -- most of which has been for Kuwait. The awards are funded through the U.N. oil-for-food program. The compensation fund currently receives 25 percent of the revenue Iraq earns through the sale of oil. Iraq is allowed to use the rest for humanitarian goods for Iraqis suffering under sanctions. The commission is made up of representatives of the 15 U.N. Security Council members and is currently headed by Norwegian Ambassador Sverre Bergh Johansen. _______________________________________________ Sent via the discussion list of the Campaign Against Sanctions on Iraq. To unsubscribe, visit http://lists.casi.org.uk/mailman/listinfo/casi-discuss To contact the list manager, email casi-discuss-admin@lists.casi.org.uk All postings are archived on CASI's website: http://www.casi.org.uk