Iraq and activities associated with it. The costs may be paid by credit pending payment into the escrow account. The secretary-general was requested to report at 90 days and 180 days during the process, while the committee was required to develop procedures necessary to implement the above provisions. Both were urged to take effective action to ensure the implementation of the resolution. The Council provided immunity for the petroleum and petroleum products, the escrow account and all personnel working with the United Nations in accordance with the Convention on the Privileges and Immunities of the United Nations. The resolution concluded by reaffirming that none of its provisions should affect Iraq's obligations concerning the repayment of foreign debt, and at the same time should not infringe on its sovereignty and territorial integrity. Aftermath Iraq initially rejected the resolution on the grounds that it violated its sovereignty, and did not accept its provisions until January 1996. The programme was formally terminated on 21 November 2003 following the 2003 invasion of Iraq, and its major functions turned over to the Coalition Provisional Authority. See also Foreign relations of Iraq Gulf War Invasion of Kuwait List of United Nations Security Council Resolutions 901 to 1000 (1994–1995) United Nations Security Council Resolution 706 References External links Text of the Resolution at undocs.org 0986 0986 1995 in Iraq April 1995 events