Baghdad: we have imported one billion dollar of Saudi commodities
Iraq, Economics, 1/30/2002
In the light of the developed Iraqi trade relations with several Arab states, the Iraqi trade minister Muhammad Mahdi Saleh said on Tuesday that his country imported commodities at a cost of USD one billion from Saudi Arabia in the course of the oil-for-food program and also out of this program.
Saleh added that the volume of trade exchange with the United Arab Emirates reached USD 5 billion since the beginning of the implementation of the oil-for-food program in December 1996.
Saleh stressed that his country calls for lifting the siege imposed on it, noting that the oil-for-food program aims at covering the spending of the UN.
He said that his country has exported oil amounts of a cost of USD 50 billion during the past five years, noting that Iraq only got USD 16 billion, with USD 3 billion annually and this means USD 10 for each Iraqi citizen each month.
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