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Spanish companies discuss cooperation with Iraq
Iraq-Spain, Economics, 6/30/1999

A Spanish official said his country is ready to cooperate with Iraq and carry out joint transactions to meet the needs of the Iraqi commercial, agricultural and industrial sectors.

Gil Khozeh, the chairman of the Spanish Flodex group, said during his visit to Iraq that Iraq had large financial losses due to the continuation of economic sanctions, which negatively reflect on the Spanish economy because Iraq had formed an important market for Spanish goods and cargo.

Khozeh urged the governments and international humanitarian organizations to uplift the sanctions, adding that Iraq has great economic potentials.

Previous Stories:
  Iraq pledges to continue supplying oil to Jordan   (6/28/1999)
  Discussing establishing joint economic projects between Iraq and Lebanon   (6/25/1999)
  Establishing a new Iraqi bank   (6/24/1999)

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