Decisión nº: 001407

In October 2002 the 1971 Fund Administrative Council noted that on 17 October 2002 the Spanish Parliament had approved the decree authorising the Minister of Finance to sign on behalf of the Spanish Government an agreement between Spain, the shipowner/insurer and the 1971 Fund on a global settlement of all outstanding issues in the Aegean Sea case. The Council expressed its satisfaction that this incident had been settled and that all claims would be paid shortly.