NO. 44



France Proposes Limited Relaxation of Sanctions Against Iraqi OilSales

The French Government informally proposed last week to the UN SecurityCouncil that a limited volume of Iraqi oil sales be permitted for a six-monthperiod and that all the proceeds from the sales be deposited in a UN escrowaccount with the distribution of the funds to be controlled by the UN and otherinternational organizations. There was no specification of how much oil would beallowed to be...