Middle East Economic Survey

VOL. XLIX

No 50

11-Dec-2006

IRAQ/POLITICAL COMMENT

ISG Rejects Regional Claims On New Iraqi Oil Resources

The widely-trailed report of the Iraq Study Group (ISG) presents a sharp rebuke to those within Iraq seeking a federal system for oil sector investment and revenue-sharing. Arguing that such a system is not compatible with national reconciliation, the report says that regional revenue-sharing would be beyond Iraqs institutional capacity anyway. In a further setback...