Iraq has agreed to allow Kuwaitis who owned real estate in Iraq to recover property seized under Saddam Hussein's regime after the invasion of Kuwait 20 years ago, according to a report from Reuters.
Kuwaitis can recover their Iraqi property provided there is no legal decision prohibiting it, Iraq’s government spokesman, Ali al-Dabbagh (pictured), said after a cabinet decision on Monday.
The government also formed a ministerial committee “to study the cases of citizens displaced from Kuwait, in order to help them regain their rights and money,” he said.
Iraq allocates 5 percent of its annual oil revenue to pay Kuwait compensation for the 1990 invasion.
Tensions between the two states have continued to this day. Iraq announced the dissolution of its national airline, Iraq Airways, in June in response to legal action against the company by Kuwait, which sought $1.2 billion in compensation for aircraft seized by the Iraqi regime in 1990.
Dabbagh said two days ago that Iraq is intent on improving relations with Kuwait. He said the two countries will start demarcating their common border before investing jointly in oil fields in the area.
Kuwait's Oil Minister, Sheikh Ahmad al-Abdullah al-Sabah, said on Aug. 25 that his country and Iraq had agreed in principle to share oil fields straddling their border to avoid any future accusations that either side is “over-utilizing” the fields.