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Iraqi US secret trade transactions
Iraq, Economics, 8/21/1997
Unnamed diplomatic sources said the USA and Iraq secretly made trade transactions in spite of the mutual accusations between the two countries, Al-Ahram newspaper reported today.
Two American companies signed contracts for 7.2 million barrels of oil, the paper reported.
A United Nations spokesman stated that Russia, signing contracts of 30.3 million barrels, has the greatest share in Iraqi oil contracts which the UN has approved since the oil-for-food deal went into force on August 11. Turkey ranks second with 15.3 million barrel contracts and France third with 11.5 million barrels.
Previous Stories:
Syrian minister of economy confers with Iraqi industrialists
(8/18/1997)
Iraq asks European Union to put pressure on the United Nations to lift embargo
(8/13/1997)
Iraq seeks UN approval for oil contracts
(8/11/1997)
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