VOL. XLIII

No. 24

12 June 2000

IRAQ

Security Council Approves 8th Oil-For-Food Program; Iraq Produces 3.03Mn B/D In May

The Security Council on 8 May approved the eighth oil-for-food program ensuring the uninterrupted flow of Iraqi oil exports between one phase and the next. Meanwhile, Iraq delivered on its promise to increase production and raised its output in May to 3.03mn b/d, with projections of it reaching 3.3mn b/d by year-end.

For the first time since the humanitarian program started in...