UNMOVIC and the IAEA have the authority to approve all non-GRL items.
Of this billion, about billion has actually been delivered to Iraq.
Oil exports did not begin until December 1996, with the first food shipments purchased through the program not arriving until March 1997 -- nearly two years after resolution 986 passed.
The Old System From March 1997, the Oil for Food system operated as follows: Iraqi oil revenue was deposited in a UN escrow account.
Most of the balance is either in production or pending delivery.
Roughly billion worth of contracts (less than 10 percent) have been placed "on hold" by the committee because they involve items suspected of having some military use to Iraq.