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From: "Bill Howard" <[EMAIL PROTECTED]>
Subject: Iraq to Give Russia Priority in Oil Dealings: Official
Date: Mon, 30 Jul 2001 01:07:39 +0100
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[Via Communist Internet... 
http://www.egroups.com/group/Communist-Internet ]
.
.Iraq to Give Russia Priority in Oil Dealings: Official
Iraq will give priority to Russian companies in oil dealings, Faez Abdul
Shahin, undersecretary of the Iraqi Oil Ministry, was quoted as saying 
by
the Al-Ittihad weekly Saturday.
"We hope that our business dealings with Russia will increase not only 
in
the oil sector, but also in other sectors," Shahin told the weekly.
Calling Russia "a political ally and a friendly country," Shahin said 
Iraq
decided to reward Russia with more business opportunities for its 
opposition
to the so-called "smart sanctions."
Early this month, Russia threatened to veto a proposal by Britain and 
the
United States in a bid to tighten control over materials that can be 
used
for military purposes.
The "smart sanctions" proposal was therefore blocked at the United 
Nations
Security Council, which instead agreed to extend the oil-for-food 
program
for another five months ending November 30.
The humanitarian program, now in its 10th phase, allows 
sanctions-stricken
Iraq to sell crude and use part of the proceeds to buy food, medicine 
and
other essentials to offset the impact of the 11-year-old sanctions.
Iraq, under sweeping sanctions since its 1990 invasion of Kuwait, has 
firmly
rejected the "smart sanctions" and demanded a total lifting of the 
embargo.
President Saddam Hussein, appreciative of Russia's pro-Iraq stand, told
visiting Russian envoy Nikolai Kartuzov on July 18 that his country 
wanted
to increase economic cooperation with Russia.

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