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Pastimes : CNBC -- critique.

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To: sandintoes who wrote (12009)	3/18/2003 9:39:40 PM
From: GROUND ZERO™	Read Replies (1) of 17683

TO ALL: France Exposed!!! Please Read!!! According to the CIA World Factbook, France controls over 22.5 percent of Iraq’s imports. French total trade with Iraq under the oil-for-food program is the third largest, totaling $3.1 billion since 1996, according to the United Nations. In 2001 France became Iraq’s largest European trading partner. Roughly 60 French companies do an estimated $1.5 billion in trade with Baghdad annually under the U.N. oil-for-food program. France’s largest oil company, Total Fina Elf, has negotiated a deal to develop the Majnoon field in western Iraq. The Majnoon field purportedly contains up to 30 billion barrels of oil. Total Fina Elf also negotiated a deal for future oil exploration in Iraq’s Nahr Umar field. Both the Majnoon and Nahr Umar fields are estimated to contain as much as 25 percent of the country’s reserves. France’s Alcatel company, a major telecom firm, is negotiating a $76 million contract to rehabilitate Iraq’s telephone system. From 1981 to 2001, according to the Stockholm International Peace Research Institute (SIPRI), France was responsible for over 13 percent of Iraq’s arms imports. GZ

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