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Article: Charge Iraq Oil Export Fees
- Article from:
- The Washington Post
- Article date:
- March 4, 1991
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Iraq is liable to many countries, individuals and corporations
for its illegal invasion and brutal occupation of Kuwait. Contrary
to much conventional wisdom, there is a reasonable way to collect
these damages.
An export fee could be assessed against Iraq's petroleum
exports. The amount could be easily calculated and collected at the
very few, readily monitored locations from which Iraq exports almost
all its petroleum.
Let us back up a bit. U.N. Security Council Resolution 674,
which Iraq has accepted in principle, "reminds Iraq that under
international law it is liable for any loss, damage or injury
arising in regard to Kuwait and third states, and their nationals
and corporations, as ...