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To: Box-By-The-Riviera™ who wrote (34694)1/10/1999 5:11:00 PM
From: Crimson Ghost  Respond to of 95453
 
Iraq sanctions may be on the the way out. But not before OPEC agrees on what their quota should be methinks.


thr 013
s.arabia-iraq
 saudi initiative to lift sanctions on iraq
athens, jan. 10, irna --- in what is seen as an important political
development, saudi arabia has put forward a proposal to lift sanctions
on iraq which includes lifting on the ceiling of baghdad's oil sale,
saudi daily ''al-sharq al-awsat'' sunday reported.
the arab paper said the saudi text of the proposal was prepared
following orders by king fahd and consequently by crown prince
abdallah ibn abdul aziz and the proposal was studied behind closed
doors.
international consultations on the saudi proposal has already
started and it will be presented officially before the united nations
soon after the concerned international parties are convinced to accept
them, noted the arab paper which is published from london.
the saudi delegation will place the proposal at the meeting of the
foreign ministers of the persian gulf cooperation council which is to
be held sunday.
it is expected that saudi foreign minister saud al-faisal will
carry the proposal with him to the arab foreign ministers' meeting to
be held on 24 january in cairo.
the saudi proposal permits iraq to buy and sell all goods except
military equipment or material that could be used for military
purposes.
nk/ks
end
::irna 10/01/99 13:09