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Cablegate: Voting Instruction: Extension of Dfi/Iamb

VZCZCXYZ0000
OO RUEHWEB

DE RUEHC #8289 3500043
ZNR UUUUU ZZH
O 160041Z DEC 09
FM SECSTATE WASHDC
TO RUCNDT/USMISSION USUN NEW YORK IMMEDIATE 0000
INFO RUEHGB/AMEMBASSY BAGHDAD IMMEDIATE 0000
RUEHKU/AMEMBASSY KUWAIT IMMEDIATE 0000

UNCLAS STATE 128289

SIPDIS
USUN FOR GERMAIN AND FINERTY

E.O. 12958: N/A
TAGS: PREL UNSC IZ
SUBJECT: VOTING INSTRUCTION: EXTENSION OF DFI/IAMB
ARRANGEMENTS

1. (U) This is an action request. The Department instructs
USUN to vote in favor of the following UN Security Council
resolution renewing arrangements for the Development Fund for
Iraq (DFI) and the International Advisory and Monitoring
Board (IAMB) for one year. USUN is authorized to provide
U.S. co-sponsorship of the resolution. Post should seek
additional guidance from the Department if there are any
additional substantive changes to the resolution text.

2. (U) Begin text:

The Security Council,

Noting the letter from the Prime Minister of Iraq to the
President of the Security Council, dated 14 December 2009,
which is annexed to this resolution.

Recognizing the positive developments in Iraq and that the
situation now existing in Iraq is significantly different
from that which existed at the time of the adoption of
resolution 661 (1990), recognizing that Iraqi institutions
are strengthening, and further recognizing the importance of
Iraq achieving international standing equal to that which it
held prior to the adoption of resolution 661 (1990),

Recognizing that the letter from the Prime Minister of Iraq
also reaffirms the commitment by the Government to resolve
the debts and settle the claims inherited from the previous
regime, and to continue to address those debts and claims
until they are resolved or settled, and requests the
continued assistance of the international community, as the
Government of Iraq works to complete this process,

Recognizing the significant role of the Development Fund for
Iraq and the International Advisory and Monitoring Board, and
the provisions of paragraph 22 of resolution 1483 (2003) in
helping the Government of Iraq to ensure that Iraq,s
resources are being used transparently and accountably for
the benefit of the Iraqi people, and recognizing also the
need for Iraq during 2010 to transition to successor
arrangements for the Development Fund for Iraq and the
International Advisory and Monitoring Board, to include the
Committee of Financial Experts (COFE),

Acting under Chapter VII of the Charter of the United Nations,

1. Decides to provide an extension, until 31 December 2010,
on the arrangements established in paragraph 20 of resolution
1483 (2003) for the depositing into the Development Fund for
Iraq of proceeds from export sales of petroleum, petroleum
products and natural gas and the arrangements referred to in
paragraph 12 of resolution 1483 (2003) and paragraph 24 of
resolution 1546 (2004) for the monitoring of the Development
Fund for Iraq by the International Advisory and Monitoring
Board and further decides that, subject to the exception
provided for in paragraph 27 of resolution 1546 (2004), the
provisions of paragraph 22 of resolution 1483 (2003) shall
continue to apply until that date, including with respect to
funds and financial assets and economic resources described
in paragraph 23 of that resolution;

2. Decides further that the provisions in the above paragraph
for the deposit of proceeds into the Development Fund for
Iraq and for the role of the International Advisory and
Monitoring Board and the provisions of paragraph 22 of
resolution 1483 (2003) shall be reviewed at the request of
the Government of Iraq or no later than 15 June 2010;

3. Requests the Secretary-General to provide written reports
to the Council on a quarterly basis, with the first report no
later than 01 April 2010, to include details on progress made
in strengthening financial and administrative oversight of
the current Development Fund for Iraq, as well as the legal
issues and options to be considered to implement successor
arrangements and an assessment of the Government of Iraq,s
progress in preparing for the successor arrangements for the
Development Fund.

4. Calls upon the Government of Iraq to put in place the
necessary action plan and timeline by 01 April 2010 and to
ensure the timely and effective transition to a
post-Development Fund mechanism by 31 December 2010, which
takes into account IMF Stand-By Arrangement requirements and
includes external auditing arrangements and enables Iraq to
meet its obligations as established in the provisions of
paragraph 21 of resolution 1483.

5. Requests the Government of Iraq through the head of the
Council of Financial Experts (COFE) to report to the Security
Council on a quarterly basis, with the first report no later
than 01 April 2010 to provide an action plan and timeline for
the transition mechanism from the Development Fund and
details on the progress made in strengthening financial and
administrative oversight of the current Development Fund for
Iraq, with subsequent quarterly reports to provide an
assessment of progress against the action plan and oversight
improvements.

6. Decides to remain actively seized of the matter.

End text.
CLINTON

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