VOL. XLIV
No. 04
22-January-2001
IRAQ
Iraqi Authorities Institutionalize Surcharge Despite Sharp Decline In Exports
MEES learns from authoritative sources that the Iraqi political authorities, having decided last November to impose a surcharge on oil exports to be paid outside the UN escrow account, have now decided to stick with their demand despite its negative impact on Iraqi oil exports. It is further understood that the authorities have institutionalized the new system with modifications,...
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