VOL. XXXIX No. 59 11-November-1996IRAQ

Security Council To Review Iraqi Oil Price Formula The UN spokesman Sylvana Foa announced on 6 November that the Security Council, sitting as the Sanctions Committee, is scheduled to meet on 8 November to give its response to the Iraqi oil price formula as proposed by SOMO (for the exact details of the Iraqi price formula see MEES, 14 October). The spokesman added that the formula had been reviewed by the overseers and passed on to the Steering...