VOL. XXXI

NO. 31

9-MAY-1988

UAE

UAE and USSR Consider Oil Swap Accord

The UAE and the Soviet Union are discussing an agreement covering oiltechnology and trade exchanges, according to the Soviet Ambassador to the UAE,Mr. Felix Fedotov. In a recent report in the UAE press, Mr. Fedotov was quotedas saying that the accord would cover a new marketing system for "the saleof UAE crude oil and gas products in the states neighboring the SovietUnion," while at the same time providing for Soviet products to...