This paper deals with the dynamic voltage control problem at the inverter end of a HVDC link when connected to a weak AC system which has the potential for harmonic instability and commutation failures. The dynamic voltage control problem is tackled with a STATCOM (Static Compensator), which not only provides a rapid recovery from harmonic instability and commutation failures but also offers a lower cost filter design for HVDC systems. PSCAD/EMTDC simulations are presented to validate the proposed topology and to demonstrate its robust performance.