VOL. XLIII

No. 49

4-December-2000

ALGERIA

Algeria, Iran And Libya Agree To Trade With Iraq In Euros

Algeria, Iran and Libya have agreed to carry out trade transactions with Iraq in euros, according to the Iraqi official newspaper Al-Thawra on 24 November. The paper quoted Iraqi Minister of Finance Hikmat Ibrahim as saying that following Baghdads decision in September to replace the US dollar with euros for foreign trade transactions, the three countries have agreed to adopt the euro in their...