VOL. XLI

No. 26

29-June-1998

IRAQ

Iraq Approves Spare Parts Resolution After Last Minute Compromise ConfirmingTemporary Nature Of Oil-For-Food Program

On 19 June the Security Council unanimously approved resolution 1175, which permitsIraq to import $300mn worth of spare parts for the oil industry - $210mn for the upstreamand $90mn for the downstream. After initially declaring that it would not accept the newresolution, Iraq changed its mind when the Council adopted a last-minute compromise that...