GENEVA (AN) — The United Nations will formally shutter a commission that it established more than three decades ago to pay more than US$50 billion in losses and damage from Iraq's 1990 invasion of Kuwait.
The U.N. Compensation Commission, created by a U.N. Security Council resolution on May 20, 1991, held its 89th and final session on Friday, according to U.N. officials in Geneva.
"After more than 31 years, the work of the compensation commission’s governing council has come to an end and the commission will formally close on 31 December 2022," the U.N. Office at Geneva announced.
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