VOL. XLI

No. 09

2-March-1998

IRAQ

UN-Iraqi Talks Confirm That Baghdad Can Only Export $3.5-4Bn WorthOf Oil Every Six Months

MEES learns that the negotiations held in Baghdad between UN Secretary GeneralKofi Annan and Iraqi Vice President Taha Yasin Ramadhan have confirmed that, due to thecurrent price slide, Iraq can only export $3.5-4bn worth of crude oil during any six-monthperiod. This position was stated in a letter sent by Iraqi Foreign Minister, Muhammad Saidal-Sahhaf to Mr. Annan on 25...