- Title: IRAQ: UKRAINE AND IRAQ SIGN AGREEMENT TO COOPERATE IN OIL AND GAS SECTORS
- Date: 6th July 1996
- Summary: BAGHDAD, IRAQ (JULY 6, 1996) (RTV (A) SLV UKRAINE'S CHAIRMAN OF STATE COMMITTEE FOR OIL AND GAS, YEVHEN DOVZHOK WITH IRAQUI OIL MINISTER GENERAL AMIR MUHAMMED RASHEED SEATED, SIGNING PAPERS 0.05 SLV BOTH SIGN ACCORD, STAND UP, SWAP BOOKS AND SHAKE HANDS 0.32 MV RASHEED SPEAKING ABOUT DEAL (ENGLISH) 0.58 MV REPORTERS WATCHING 1.02 SLV DOVZHOK AND RASHEED EMBRACE TO SEAL DEAL 1.07 TRANSCRIPT SEQ. 3. RASHEED, "UKRAINE HAS A GOOD INDUSTRIAL INFRASTRUCTURE WHICH WE CAN USE, WE HAVE A GOOD CAPABILITY FOR EXPORTING OIL AND GAS TO UKRAINE WHICH THEY DESPERATELY NEED. SO THIS IS AN EXAMPLE OF INTERNATIONAL COOPERATION COMPLEMENTING EACH OTHER'S ABILITIES." Initials Script is copyright Reuters Limited. All rights reserved.
- Embargoed: 21st July 1996 13:00
- Location: BAGHDAD, IRAQ
- Country: Iraq
- Topics: International Relations
- Reuters ID: LVAA1O1FNX4FAAUM0VCTOS0EK8Q6
- Story Text: - INTRO: Ukraine and Iraq signed an agreement on Saturday (July 6) to cooperate in the oil and gas sectors in the future.
------------------------------------------------------------ Ukraine and Iraq signed an agreement on Saturday to cooperate in the oil and gas sectors, as well as in industry and higher education.
Ukrainian Chairman of State Committee for Oil and Gas Minister Yevgen Dovzhok visited Iraq and met Iraqi Oil Minister Amir Muhammed Rasheed to sign the deal.
Rasheed said Ukraine had a good industrial infrastructure which Iraq could use and Iraq had the capability to export oil and gas, which the Ukraine needed.
Rasheed also said the United Nations needs one more week to complete procedure allowing Iraq to resume partial oil sales.
Rasheed said the U.N. sanctions committee had to submit its final plan on how to implement the May 20 oil-for-food accord in seven days.
The U.N. secretary general was expected to approve Iraq's food distribution plan within the same period, he said.
"We expect within a week from now with high probability these two actions will be taken. Once they are taken then resolution 986 will be implemented. As they say, the clock will start ticking," Rasheed said.
Iraq's oil deal with the U.N., permitting Baghdad to sell two billion U.S.-dollars worth of oil over six months for relief purposes, is running into trouble over crude sales and food import procedures.
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