Iraq: UNSC To End Saddam Hussein-era Sanctions
December 14, 2010
The U.N. Security Council (UNSC) will rescind a number of Saddam Hussein-era sanctions against Iraq after all members of the council agreed that Iraqi sovereignty had to be re-established, unnamed diplomats said Dec. 14, AFP reported.
The UNSC is expected to pass resolutions on Dec. 13 that will lift sanctions in place since 1991 prohibiting the construction of nuclear, chemical and biological weapons; end the oil-for-food program; and extend U.N. protection for six months for hundreds of millions of dollars in the Development Fund for Iraq.
However, restrictions are still in place against some minor members of the Hussein regime who are still on the run, and Iraq is still required to pay 5 percent of its oil revenue to a U.N. fund for reparations for Kuwait.
December 14, 2010
The U.N. Security Council (UNSC) will rescind a number of Saddam Hussein-era sanctions against Iraq after all members of the council agreed that Iraqi sovereignty had to be re-established, unnamed diplomats said Dec. 14, AFP reported.
The UNSC is expected to pass resolutions on Dec. 13 that will lift sanctions in place since 1991 prohibiting the construction of nuclear, chemical and biological weapons; end the oil-for-food program; and extend U.N. protection for six months for hundreds of millions of dollars in the Development Fund for Iraq.
However, restrictions are still in place against some minor members of the Hussein regime who are still on the run, and Iraq is still required to pay 5 percent of its oil revenue to a U.N. fund for reparations for Kuwait.