VOL. XL
No. 32
11 August 1997
IRAQ
Iraqi Oil Sales On Track For Mid-August Despite PoliticalBlock Against British And Japanese Buyers
Political timebombs are never far removed from the scene where Iraq is concerned, butthe political dimension surfaced in a rather unexpected way last week in the negotiationsbetween Iraq and its customers for resumed oil sales under the UN oil-for-food program.The nub of the matter is that Iraq's state oil marketing organization SOMO - obviouslyunder instructions...
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