12 September 1997
The Security Council,
Recalling its previous resolutions and, in particular, its
resolutions 986 (1995) of 14 April 1995 and 1111 (1997) of
4 June 1997,
Reaffirming that the implementation period of resolution
1111 (1997) began at 00.01, Eastern Daylight Time, on 8 June 1997,
and that the export of petroleum and petroleum products by Iraq
pursuant to resolution 1111 (1997) did not require the approval by
the Secretary-General of the distribution plan mentioned in
paragraph 8 (a) (ii) of resolution 986 (1995),
Taking note of the decision by the Government of Iraq not to
export petroleum and petroleum products permitted pursuant to
resolution 1111 (1997) during the period 8 June to 13 August 1997,
Deeply concerned about the resulting humanitarian consequences
for the Iraqi people, since the shortfall in the revenue from the
sale of petroleum and petroleum products will delay the provision
of humanitarian relief and create hardship for the Iraqi people,
Noting that, as set out in the report of the Committee
established by resolution 661 (1990) (S/1997/692), Iraq will not be
able to export petroleum and petroleum products worth two billion
United States dollars by the end of the period set by resolution
1111 (1997) while complying with the requirement not to produce a
sum exceeding one billion United States dollars every 90 days set
out in paragraph 1 of resolution 986 (1995) and renewed in
resolution 1111 (1997),
Acknowledging the situation with regard to the delivery of
humanitarian goods to Iraq as described in the report of the
Secretary-General (S/1997/685) and encouraging the continuing
efforts to improve this situation,
Stressing the importance of an equitable distribution of
humanitarian goods as called for by paragraph 8 (a) (ii) of
resolution 986 (1995),
Determined to avoid any further deterioration of the current
humanitarian situation,
Reaffirming the commitment of all Member States to the
sovereignty and territorial integrity of Iraq,
Acting under Chapter VII of the Charter of the United Nations,
1. Decides that the provisions of resolution 1111 (1997)
shall remain in force, except that States are authorized to permit
the import of petroleum and petroleum products originating in Iraq,
including financial and other essential transactions directly
relating thereto, sufficient to produce a sum not exceeding a total
of one billion United States dollars within a period of 120 days
from 00.01, Eastern Daylight Time, on 8 June 1997 and, thereafter,
a sum not exceeding a total of one billion United States dollars
within a period of 60 days from 00.01, Eastern Daylight Time, on 4
October 1997;
2. Decides further that the provisions of paragraph 1 above
shall apply only to the period of implementation of resolution
1111 (1997), and expresses its firm intention that under any future
resolutions authorizing States to permit the import of petroleum
and petroleum products originating in Iraq, the time limits within
which imports may be permitted established in such resolutions
shall be strictly enforced;
3. Expresses its full support for the intention of the
Secretary-General, stated in his report to the Security Council
(S/1997/685), to follow up his observations concerning the needs of
vulnerable groups in Iraq by monitoring the actions of the
Government of Iraq in respect of these groups;
4. Stresses that contracts for the purchase of humanitarian
supplies submitted in accordance with resolution 1111 (1997) must
be limited to items which appear on the list of supplies annexed to
the second distribution plan prepared by the Government of Iraq and
approved by the Secretary-General pursuant to paragraph 8 (a) (ii)
of resolution 986 (1995), or appropriate amendments to the plan
must be requested prior to purchasing items not on the annexed
list;
5. Decides to remain seized of the matter.