VOL. XXXIV

NO. 24

18-MARCH-1991

Iran

Iran Will Sell Uganda 5mn Barrels of Crude

Iran has agreed to sell 5mn barrels of crude oil to Uganda composed of equalvolumes of light and heavy crude. Iran has provided easy terms on the oil sale,and as part of the deal will also extend $10mn worth of export credits and willstudy joint investments in leather and pharmaceutical projects in Uganda.