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Iraq accuses the UN of obstructing contracts at a cost of 6 billion
Iraq, Economics, 1/2/2002

Iraq has accused the UN of acquiring the greater part of the revenues of the oil-for-food program.

News reports quoted the Iraqi minister of commerce Muhammad Mahdi Saleh as saying in an interview with the Iraqi Satellite TV station that the UN sanctions committee caused the obstruction of several contracts Iraq had signed at a value of USD 6 billion.

The Iraqi minister said the UN got sums from Iraq that exceed USD 18 billion while the Iraqi people got USD 15 billion.

Saleh explained that the UN sanction committee is obstructing the contracts for one or two years and then agree on it without a change with the aim to obstruct the arrival of foodstuffs to Iraq.

Previous Stories:
  Expansion of Egyptian- Iraqi bilateral cooperation   (1/1/2002)
  Jordan to sign free trade agreement with Iraq soon   (12/31/2001)
  $158 million in Iraqi oil sold last week under 'oil-for-food' program   (12/29/2001)

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