Security Council permits limited oil sales by Iraq, sets compensation payment rate: also demands Iraqi compliance with disarmament measures. (United Nations resolutions) From: UN Chronicle | Date: December 1, 1991 | COPYRIGHT 1991 United Nations Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The UN Security Council on Aug 15, 1991 allowed Iraq to sell limited amounts of oil. Compensation payments to Kuwait were set at 30% of Iraq's annual oil exports. Other resolutions covered Iraqi disarmament, the Kuwait-Iraq border, and repatriation of Kuwaiti and third-country nationals from Iraq.

The Security Council on 15 August partially lifted a ban on the sale of Iraqi oil and set compensation payments for damage inflicted on Kuwait during the war at 30 per cent of Iraq's ann...