|
United Nations Security Council considers extending oil-for-food deal
Iraq, Economics, 9/4/1997
The UN Security Council is discussing whether Iraq, which delayed the start of sales, should be allowed to recoup the full amount of funds possible under the oil-for-food deal.
Iraq suspended sales of oil earlier in the 90-day sale period to protest delays in receiving supplies, making it unlikely that they will be able to sell the full 1 billion US dollars worth of oil allowed under the deal.
The US has opposed allowing an extension of the deal, but may reconsider its stance because some of the funds brought in under the deal will be payed out as compensation for the Gulf War.
Previous Stories:
Importing Iraqi Oil
(9/3/1997)
Egypt will supply foodstuffs to Iraq
(9/2/1997)
Iraq oil delays may prevent further sales
(7/30/1997)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
