Iraq is Russia's major strategic partner in the region

Mar 18, 2002 01:00 AM

Russia's energy minister said in his opening remarks to a session of the Russian-Iraqi commission for trade, economic and scientific cooperation that Iraq was Russia's main strategic partner in the region. Russia "makes political and diplomatic efforts in the UN Security Council with an aim to settle the Iraqi problem and seeks to find mutually acceptable solutions with other countries, first of all with the USA," Energy Minister Igor Yusufov said.

Yusufov said that it the economic embargo was lifted from Iraq, "that would "create a basis for full-scale cooperation between Russia and Iraq." According to the minister, Russia will continue efforts in that direction. Yusufov believes that positive changes in the Russian economy were a stimulus for the development of economic ties between Moscow and Baghdad.
He said new technological developments by Russia, in particular to increase the production of oil wells, "could be of great interest for Iraq." The minister said Russian companies had received major contracts to build Iraqi facilities, citing among them the Eastern Al Jazira irrigation complex worth $ 70 mm .

Source: Itar-Tass
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