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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.

Previous Stories:
  Iraq to sign free trade agreements with three Arab states in the first quarter of 2002   (1/21/2002)
  Moroccan fair in Baghdad in march   (1/17/2002)
  New oil discoveries in Iraq   (1/17/2002)
  A free trade zone between UAE, Iraq   (6/18/2001)
  Trade contracts between Iraq and Saudi Arabia   (3/21/2001)
  UAE to participate in Baghdad International Fair   (3/14/2000)
  US dismisses oil dumping claim   (8/10/1999)
  UN sanctions committee freezes contracts to Iraq at US $250 million   (8/6/1999)
  A plan for developing Iraq's harbor   (6/7/1999)

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