7 May 2003 A combination of rundown power infrastructure and war damage is forcing Iraq to import oil products to relieve severe shortages that have almost brought the country to a halt. The first shipments of gasoline and liquefied petroleum gas from Turkey and Kuwait are due to arrive this week, Iraqi and US sources said. At the same time, the northern Baiji refinery resumed minimal operations on Tuesday. “We…
Tag: Kuwait
Neighborly Trade
23 June 2000 Iraq’s trade relations with its Arab neighbors are flourishing. Businessmen from around the region are flocking to Baghdad. Bustling trade fairs reminiscent of the days before sanctions are back. Viewed regionally, economic sanctions seem to be crumbling, as Iraq wends its way back into the Arab economic – although not yet the diplomatic – arena. Since the inauguration of the United Nations oil-for-Food program in 1996 first…