No. 43

22 July 1996


Iraqi Oil Exports Likely In August

Barring unforeseen developments, it looks as if Iraqi oil sale contracts will shortly be in place and exports will resume in August, six years after UN sanctions were first imposed in the wake of the Iraqi invasion of Kuwait. A major hurdle in the implementation of the humanitarian oil sales program was cleared last week with the approval by the UN Secretary General, Dr. Butros Ghali, of the distribution plan for...