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Kuwait: Kuwaiti and Iraqi officials have decided to meet soon to discuss the damage imposed on Baghdad, Kuwait's states news agency said. A date for the meetings was not given.
"There is a meeting very soon with the Iraqi side, under the supervision of officials responsible for compensation at the UN to look into this issue in which the Security Council has the ultimate say," Kuwaiti Foreign Ministry Undersecretary Khaled Jarallah as saying.
Iraq's government has called on world powers to reduce the percentage of its oil exports for the Geneva-based fund, the largest ever programme to settle post-conflict damage.
Initially, 30 per cent of Iraq's oil exports was diverted to the reparations fund, but now they pay almost 5 per cent.
The UN reparations paid out $972.4 million in April for damage inflicted on Iraq's neighbours, which brings the total to almost $24.4 billion since August 1990.
The US has asked its Arab allies to forgive Iraq's debts, so as to restore top-level diplomatic ties.
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