Iraq's Minister of Foreign Affairs, Mr. Fouad Hussein, announced Iraq's exit from Chapter VII of UN Charter after the UN Compensation Commission (UNCC) announced that Iraq had made the final reparation payment to Kuwait. In a speech during a briefing at the UN Security Council on ending the Compensation Commission's mandate over Iraq's reparations to […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The United Nations Security Council (UNSC) has agreed to lift sanctions imposed on Iraq when the country invaded Kuwait 27 years ago. The Iraqi Foreign Ministry said Dec. […]
The UN Security Council announced on Friday that 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 programme had been fully implemented. Unanimously adopting resolution 2390 (2017), the Council welcomed the fact that the remaining funds in the […]
The United Nations Compensation Commission has made available $1.03 billion to the Government of the State of Kuwait towards the Commission’s remaining claim with an outstanding award balance. The United Nations Compensation Commission was established in 1991 in accordance with Security Council resolutions 687 (1991) and 692 (1991) to process claims and pay compensation for […]
Prime Minister Nori al Maliki on January 13, 2014 chaired the official talks between the Iraqi government and the United Nations represented by its Secretary-General, Mr. Ban Ki-moon, with the presence of Foreign Minister Hoshyar Zebari, Minister of Human Rights and the Acting Ministers of Defense. The Prime Minister praised the role that the United […]
By Padraig O'Hannelly. As we start another year, the focus of media attention has been, understandably, on Iraq's increasingly difficult security situation. But as always, there is more to the story. For example, professional services firm PwC has said its Iraqi business has grown by 30 percent over the past year; the government has just […]
By John Lee. ABC and Fairfax Media report that Note Printing Australia, which is owned by the Reserve Bank of Australia, tried to do business with the Saddam Hussein regime despite UN sanctions. Company officials are said to have visited Iraq in 1998, during the UN sanctions, to discuss a contract to replace the country's paper […]
By John Lee. Vice-President of the Republic Dr. Khudair Alkhozai and the Minister of Foreign Affairs Mr. Hoshyar Zebari met His Highness Prime Minister of the State of Kuwait the Amir Sheikh Sabah Al-Ahmad Al-Sabah and Kuwaiti Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah on the sidelines of the sixty-eighth session of the General Assembly […]
Foreign Minister Hoshyar Zebari has discussed Iraq's relations with the United Nations and its assistance mission in Iraq (UNAMI) with Deputy Secretary-General for Political Affairs, Jeffrey Feltman. During the meeting, the two sides discussed the UNAMI activities in Iraq and the Iraqi government's keenness on facilitating UNAMI's work. The Minister expressed the government's appreciation for […]
By Ahmed Mousa Jiyad. Mr Jiyad is an independent development consultant, scholar and Associate with Centre for Global Energy Studies (CGES), London. He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist […]
As was widely anticipated, the United Nations Security Council unanimously agreed last week to move several outstanding issues between Iraq and Kuwait from Chapter VII to Chapter VI of the UN Charter. This effective normalisation of relations between Iraq and Kuwait has been broadly welcomed, with statements from US Secretary of State John Kerry and […]
Statement by Secretary Kerry: UN Security Council Decision to Transfer Chapter VII Mandate to the UN Assistance Mission in Iraq: The United States congratulates the Governments of Iraq and Kuwait on successfully resolving key bilateral and international issues over the past year, which helped result in today’s milestone decision by the UN Security Council. It's […]
