No. 05



Iraq And Jordan Renew Oil Agreement, Sign Trade Accord

Iraq on 22 January signed an agreement with Jordan to supply the latter with its oil needs. Under the terms of the agreement, Iraq will supply Jordan with 4.8mn tons (96,000 b/d) of crude oil and petroleum products during 2000. Half of the imports will be delivered at no charge to Jordan, while the remaining oil will be sold in exchange for Jordanian food and medicine at a concessionary rate of a...