The United Nations (UN) Security Council has voted unanimously to end the requirement to compensate victims of its 1990 invasion of Kuwait, with Baghdad having paid out $52.4 billion to 1.5 million claimants.

”Michael Gaffey,” the ambassador of the UN Ireland in Geneva and president of the governing board of the UN Compensation Commission, whose funds decided on the claims, told the United Nations council that the vote the bodywork was a “”historic achievement for the United Nations and effective multilateralism.

In the end, there are 2.7 million claims submitted to the commission urging 352 million dollars in compensation, he said, and the amount 52.4 million dollars awarded to the 1.5 million claimants “”represents approximately 15 percent of the total claims.

Iraq wants to set aside a percentile of proceeds from its oil exports for the fund to compensate victims of the conflict.

That portion was 5 percent only in 2013 when the council did the voting so that they could stop the possible military enforcement of numerous requirements imposed on Iraq after the invasion to recognise the relation in Kuwait, which was improved.

Moreover, the level stood at 3 percent for Iraq’s final payment on January 13.

According to Gaffey, the UN’s governing council adopted their final decision on February 9 while declaring that Iraq’s government had fulfilled its international obligations to compensate for losses and damages and trouble for the direct result of its unlawful invasion of Kuwait.

He further stated that the governing council gives more preference to the claims by individuals who were forced to leave Iraq or Kuwait and those who faced injuries, or those whose child or parent died, or who suffered from personal losses of more than 100,000 dollars.

He also mentioned that the decision of humanitarians “marked a significant step in the evolution of international claims practice.”

He said this humanitarian decision “marked a significant step in the evolution of international claims practice. But some companies and businesses received funds.

Kuwait Petroleum Agency also claimed 114.7 billion dollars, and they successfully claimed it for oil production and their losses in sales.