VOL XXXI

NO. 20

22-FEBRUARY-1988

IRAQ

Iraq-Soviet Trade Reaches $1.2bn in 1987

The value of trade between Iraq and the Soviet Union in 1987 reached a record$1.2bn, an increase of 46% over the previous year, according to Mr. Oleg Lazarev,the Soviet commercial attache in Baghdad. The Soviet official told a pressconference on 18 February that the figure put Iraq first among Arab countries intrade exchanges with the USSR. Mr. Lazarev said that Iraq exported mainly crudeoil and petroleum products while...