Fwd: Iraq-India oil-for-food deal

Yoshie Furuhashi furuhashi.1 at osu.edu
Sat Dec 2 18:36:06 PST 2000


From: "Ulhas Joglekar" <ulhasj at bom4.vsnl.net.in> To: <marxism at lists.panix.com> Subject: Iraq-India oil-for- food deal Date: Sun, 3 Dec 2000 07:03:35 +0530

Thursday 30 November 2000

Oil-for-food deal with Iraq made The Times of India News Service

NEW DELHI: India and Iraq has reached an understanding, whereby Iraq would import foodgrain, especially wheat, in exchange for crude oil and oil products. It has also been decided that the ONGC Videsh Ltd. would help develop the Tuba oilfields in Iraq.

The Iraqi vice-president Taha Yassin Ramadhan on Wednesday pointed out the `inertia' that had crept into the relations between the two countries in the last 10 years. He, however, described this visit as a ``turning point'' in bilateral relations and pronounced it successful.

Strongly criticising the sanctions against Iraq, India, on its part, has said that it would take up the matter and see some positive response from the global community.

For reprint rights:Times Syndication Service Copyright © 2000 Times Internet Limited. All rights reserved.



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