What happened today in history?
What happened
today in history?
[ Nov 29 ]
Back

The 2001 UN Security Council Resolution on Iraq's Oil-for-Food Program

Understanding the Oil-for-Food Program

The Oil-for-Food Program Introduction

The Oil-for-Food Program was established by the United Nations in 1995 to allow Iraq to sell oil in exchange for humanitarian assistance. Faced with economic sanctions following Iraq's invasion of Kuwait, the program aimed to alleviate the suffering of the Iraqi population while maintaining pressure on the Iraqi government. By 2001, the program became crucial in providing food, medicine, and essential supplies to the Iraqi people amidst ongoing sanctions.

How the Program Operated

The mechanism allowed Iraq to export oil, with the revenues placed in a UN-controlled escrow account. The funds were used to purchase humanitarian goods, thereby ensuring that the basic needs of the Iraqi populace were met while limiting the government’s ability to finance military operations. This approach sought to balance humanitarian relief with international security concerns.

Significance of the 2001 Resolution

The 2001 UN Security Council Vote

On this day in 2001, the United Nations Security Council unanimously approved a resolution extending the Oil-for-Food Program for another six-month period. This decision reflected the global community's acknowledgment of the program's crucial role in providing immediate relief to the Iraqi people, particularly amid rising tensions in the region.

International Support for Humanitarian Aid

The unanimous approval underscored an important consensus among member countries about the necessity of humanitarian aid in Iraq. It showed global solidarity in safeguarding the welfare of Iraqis despite the geopolitical complications. The resolution illustrated how international laws and humanitarian efforts intersected during challenging times, reminding the world of its responsibilities towards vulnerable populations.

Fun Fact

Background of the Oil-for-Food Program

Initially introduced as a temporary solution, the Oil-for-Food Program lasted for over six years and generated approximately $64 billion in revenues for humanitarian purchases, making it one of the largest humanitarian relief efforts in history.

Additional Resources

Recommended Reading on the Oil-for-Food Program

For deeper insights into the complexities of the Oil-for-Food Program, consider reading “The Oil-for-Food Program: A Case Study” and “Iraq's Oil-for-Food Program: 1996-2003”, which delve into the intricacies, challenges, and the impact of this significant humanitarian initiative.