Kuwait says accepts Iraq request on Gulf war reparations
A U.N. official said on Wednesday that Iraq, its economy battered by declining oil prices and war with Islamist militants, has requested a one-year deferral of a $4.6 billion (£2.9 billion) reparations payment for destroying Kuwait's oil facilities during its 1990-91 occupation.
Asked about reports that Iraq had asked to defer payment of the last tranche of its reparations to Kuwait, Foreign Ministry Undersecretary Khaled al-Jarallah was quoted as saying: "The brothers in Iraq have presented the request formally and unilaterally and Kuwait has accepted and responded to this request."
(Reporting by Ahmed Hagagy, writing by Sami Aboudi)