Morocco to increase its exports to Iraq
Morocco-Iraq, Economics, 4/7/2000

Morocco will increase its exports to Iraq to $150 million under the oil-for-food agreement.

The decision was announced at the end of the 8th session of the Moroccan-Iraqi joint commission, held in Rabat.

Morocco's trade with Iraq is dominated by oil. In 1999, Morocco imported $200 million worth of oil, while exports did not exceed $8 million.

Under an accord with the U.N., Iraq is allowed to sell limited quantities of oil and cash is used to buy food and medicine.

Previous Stories:
  Iraqi trade minister holds talks with Moroccan officials   (4/4/2000)
  Morocco - Iraq joint commission meets in Rabat   (4/3/2000)
  Morocco endeavors to settle Iraqi debt entailed by Gulf War   (7/14/1999)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search