VOL. XLVI

No 22

2-June-2003

IRAQ

Fate Of Oil Sector Uncertain As US Outlines General Privatization Aims

The head of the US-led administration in Baghdad, Paul Bremer, said on 25 May that the occupation of Iraq was about to enter a new phase, with the focus on economic revival and liberalization. But he did not say whether he expected liberalization to encompass the state oil industry. We want to get in the humanitarian goods, but in the longer term we also want to get in the commercial, Mr Bremer...