United Nations Security Council Resolution 1360
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United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 Security Council Resolution
United Nations Security Council Resolution
A United Nations Security Council resolution is a UN resolution adopted by the fifteen members of the Security Council; the UN body charged with "primary responsibility for the maintenance of international peace and security"....

 1360
, adopted unanimously on July 3, 2001, after recalling all previous resolutions on Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....

, including resolutions 986
United Nations Security Council Resolution 986
United Nations Security Council Resolution 986, adopted unanimously on April 14, 1995, after reaffirming all resolutions on Iraq and noting the serious humanitarian situation with the Iraqi civilian population, the Council, acting under Chapter VII of the United Nations Charter, established a...

 (1995), 1284
United Nations Security Council Resolution 1284
United Nations Security Council Resolution 1284, adopted on December 17, 1999, after recalling previous relevant resolutions on Iraq, including resolutions 661 , 687 , 699 , 707 , 715 , 986 , 1051 , 1153 , 1175 , 1242 and 1266 , the Council established the United Nations Monitoring, Verification...

 (1999), 1330
United Nations Security Council Resolution 1330
United Nations Security Council Resolution 1330, adopted unanimously on December 5, 2000, after recalling all previous resolutions on Iraq, including resolutions 986 , 1111 , 1129 , 1143 , 1153 , 1175 , 1210 , 1242 , 1266 , 1275 , 1280 , 1281 , 1293 and 1302 concerning the Oil-for-Food...

 (2000) and 1352
United Nations Security Council Resolution 1352
United Nations Security Council Resolution 1352, adopted unanimously on June 1, 2001, after recalling all previous resolutions on Iraq, including resolutions 986 , 1284 and 1330 concerning the Oil-for-Food Programme, the Council extended provisions relating to the export of Iraqi petroleum or...

 (2001) concerning the Oil-for-Food Programme
Oil-for-Food Programme
The Oil-for-Food Programme , established by the United Nations in 1995 was established with the stated intent to allow Iraq to sell oil on the world market in exchange for food, medicine, and other humanitarian needs for ordinary Iraqi citizens without allowing Iraq to boost its military...

, the Council extended provisions relating to the export of Iraqi petroleum
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...

 or petroleum products in return for humanitarian aid
Humanitarian aid
Humanitarian aid is material or logistical assistance provided for humanitarian purposes, typically in response to humanitarian crises including natural disaster and man-made disaster. The primary objective of humanitarian aid is to save lives, alleviate suffering, and maintain human dignity...

 for a further 150 days.

The Security Council was convinced of the need for a temporary measure to provide humanitarian assistance to the Iraqi people until the Iraqi government fulfilled the provisions of Resolution 687
United Nations Security Council Resolution 687
United Nations Security Council Resolution 687, adopted on April 3, 1991, after reaffirming resolutions 660, 661, 662, 664, 665, 666, 667, 669, 670, 674, 677, 678 and 686 , the Council set the terms, in a comprehensive resolution, with which Iraq was to comply after losing the Gulf War.The...

 (1991) and had distributed aid throughout the country equally.

Acting under Chapter VII of the United Nations Charter
Chapter VII of the United Nations Charter
Chapter VII of the United Nations Charter sets out the UN Security Council's powers to maintain peace. It allows the Council to "determine the existence of any threat to the peace, breach of the peace, or act of aggression" and to take military and nonmilitary action to "restore international peace...

, the Council extended the Oil-for-Food Programme for 150 days beginning at 00:01 EST
Eastern Time Zone
The Eastern Time Zone of the United States and Canada is a time zone that falls mostly along the east coast of North America. Its UTC time offset is −5 hrs during standard time and −4 hrs during daylight saving time...

 on July 4, 2001. The proceeds of the oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....

 sales and other financial transactions would be allocated on a priority basis in the context of Secretariat
Secretariat
Secretariat may refer to:* Secretariat , racehorse that won the Triple Crown in 1973* Secretariat , 2010 film about the racehorse...

 activities, of which 13% would be used for purposes referred to in Resolution 986. The Secretary-General Kofi Annan
Kofi Annan
Kofi Atta Annan is a Ghanaian diplomat who served as the seventh Secretary-General of the UN from 1 January 1997 to 31 December 2006...

 was requested to ensure the effective implementation of the current resolution and report within 90 days. The Committee of the Security Council tasked with monitoring the process was also asked to submit a report.

The resolution decided that funds produced in the escrow account up to a total of US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

600 million could be used to meet reasonable expenses other than those payable to Iraq, such as equipment to increase oil exports and costs for essential civilian needs. The effective deduction rate of funds deposited in the escrow account transferable to the United Nations Compensation Commission
United Nations Compensation Commission
The United Nations Compensation Commission was created in 1991 as a subsidiary organ of the United Nations Security Council. Its mandate is to process claims and pay compensation for losses and damage suffered as a direct result of Iraq's 1990-1991 invasion and occupation of Kuwait...

 would be 25% and additional funds deposited into an account for humanitarian reasons.

Finally, the Council concluded by urging full compliance with the current resolution and appealed for all countries to co-operate in the submission of applications and issue of export licences.

See also

  • Foreign relations of Iraq
    Foreign relations of Iraq
    Since 1980, the foreign relations of Iraq were influenced by a number of controversial decisions by the Saddam Hussein administration. Hussein had good relations with the Soviet Union and a number of western countries such as France and Germany, who provided him with advanced weapons systems...

  • Gulf War
    Gulf War
    The Persian Gulf War , commonly referred to as simply the Gulf War, was a war waged by a U.N.-authorized coalition force from 34 nations led by the United States, against Iraq in response to Iraq's invasion and annexation of Kuwait.The war is also known under other names, such as the First Gulf...

  • Invasion of Kuwait
    Invasion of Kuwait
    The Invasion of Kuwait, also known as the Iraq-Kuwait War, was a major conflict between the Republic of Iraq and the State of Kuwait, which resulted in the seven-month long Iraqi occupation of Kuwait, which subsequently led to direct military intervention by United States-led forces in the Gulf...

  • Iraq sanctions
    Iraq sanctions
    The Iraq sanctions were a near-total financial and trade embargo imposed by the United Nations Security Council on the nation of Iraq. They began August 6, 1990, four days after Iraq's invasion of Kuwait, stayed largely in force until May 2003 , and certain portions including reparations to Kuwait...

  • List of United Nations Security Council Resolutions 1301 to 1400 (2000 – 2002)

External links

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