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Annan reports on Iraq
Iraq-UN, Economics, 3/20/2000

UN Secretary General Kofi Annan presented a report on the situation in Iraq to the UN Security Council, placing emphasis on streamlining the processes used in the oil-for-food agreement beyond simply increasing the amount of funds available within the program.

The report earlier this month found on the oil industry that a group of experts assembled by Annan to report on the state of the Iraqi oil industry found that, "The decline in the condition of all sectors of the industry continues, and is accelerating in some cases." It said, "The ability of the Iraqi oil industry to sustain the current reduced production levels will be seriously compromised unless effective action is taken immediately to reverse the situation."

Previous Stories:
  UN prevents medical instruments to enter Iraq   (3/16/2000)
  UAE to participate in Baghdad International Fair   (3/14/2000)
  UN proposal on Iraq   (3/9/2000)

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