End of The Programme
Shortly before US and British forces invaded Iraq, UN Secretary-General Kofi Annan suspended the programme and evacuated more than 300 workers monitoring the distribution of supplies.
On 28 March 2003, Secretary-General Annan, the United States, and Britain asked the Security Council to ensure that nearly US$10 billion in goods Iraq ordered and already approved, including US$2.4 billion for food, could enter the country when conditions allow. The resolution under discussion made clear that the chief responsibility for addressing humanitarian consequences of the war would fall to the United States and Britain if they took control of the country. This refers to the 1949 Fourth Geneva Convention on the responsibilities of the occupying power.
On 22 May 2003, UN Security Council Resolution 1483 granted authority to the Coalition Provisional Authority to use Iraq's oil revenue. The programme's remaining funds of $10 billion were transferred over a 6 month winding-up period to the Development Fund for Iraq under the Coalition Provisional Authority's control; this represented 14% of the programme's total income over 5 years.
The programme was formally terminated on 21 November 2003 and its major functions were turned over to the Coalition Provisional Authority.
Read more about this topic: Oil-for-Food Programme
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