Posts Tagged ‘UN sanctions’
22 June 2001
Pressure is mounting as UN Security Council members race to revamp the 11-year-old sanctions regime against Baghdad before their self-imposed Jul. 3 deadline. Pushed by its main regional ally, Saudi Arabia, the US is finding it increasingly difficult to win success on the Iraqi front without becoming actively involved in the Middle East conflict. At the same time, however, Riyadh is helping the US pile the pressure on Baghdad.
As part of a two-pronged move, Saudi Arabia wrote to UN Secretary-General Kofi Annan on Jun. 4 saying …
16 July 2001
Using its oil as both weapon and bribe, Iraq — thanks to Russia and some of its Arab neighbors — has thwarted US attempts to revamp the 11-year-old UN sanctions regime, and end Baghdad’s control over oil smuggling. For Washington, which launched the initiative in February as a cornerstone of its Mideast foreign policy, it’s back to the drawing board.
A Russian “nyet” to the Anglo-American ideas on smart sanctions left the Security Council simply deciding to roll over the oil-for-food program for five months, without reference …
15 December 2000
A deal reached with India last month could set the ball rolling for a new type of arrangement between Baghdad and “friendly countries.” In return for the award of an exploration contract in the western desert, India could trade wheat and rice for Iraqi oil outside the UN oil-for-food program, Iraqi sources say.
New Delhi is now talking to the UN about applying for a sanctions waiver, to compensate for the damage the embargo has wrought on its economy, sources in Baghdad tell Energy Compass. Under Article …