Iraq Oil Ministry welcomes the decision of the Council to lift international sanctions

Posted: December 16, 2010 in Iraqi Dinar/Politics
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Welcomed the decision of the Ministry of Oil and the UN Security Council action to cancel the oil for food and medicine. According to an official source at the ministry in a press statement by reporter (news agency, media / INA) that the financial and oil imports will be from now on under the direct supervision of the Ministry of Finance and Central Bank of Iraq.

The spokesman, Assem Jihad, Oil Ministry said Thursday that international action will contribute to support the work of the ministry to increase oil production rates, and explained that this resolution will contribute to enhancing the confidence of foreign investors to the oil sector in Iraq. The UN Security Council decided at a meeting held on Wednesday, lifting a large part of the international sanctions against Iraq since 1990.

http://bit.ly/hI3INq

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