|
Online edition of India's National Newspaper Saturday, November 25, 2000 |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
Home |
|
National
| Previous
| Next
India, Iraq set to revive ties
By Our Special Correspondent
NEW DELHI, NOV. 24. After years of neglect, India and Iraq are
set to revive political and economic ties.
The high-profile Vice-President and number two in the Iraqi
hierarchy, Mr. Taha Yassin Ramadhan, will arrive here next week
on a five-day visit to give fresh direction to the relationship.
India, which had enjoyed close ties with Iraq before the Gulf
war, is keen on building a new relationship. It sees in Iraq a
prominent player which can fulfil its energy security needs. Iraq
has the second largest deposits of oil in the Persian Gulf and
produces high quality ``sweet crude''. In fact, India's shore-
based industry was developed keeping in mind the energy flows
from Iraq.
Baghdad, on its part, sees in a closer relationship with New
Delhi, an opportunity to break out of its international
isolation, and realises that trade in oil is central to cementing
the relationship. Not surprisingly, Mr. Ramadhan's entourage
includes the Oil Minister, Dr. Amer Mohammed Rashid, and the
Deputy Foreign Minister, Mr. Nur Al Weiss.
India is rolling out the red carpet for the visiting dignitary,
who will call on the President, Mr. K. R. Narayanan, and the
Prime Minister, Mr. Atal Behari Vajpayee. He will also meet the
External Affairs Minister, the Minister of Petroleum and Natural
gas and the Minister of State for Commerce and Industry. The two
sides are likely to sign a ``long term cooperation agreement,''
during the visit, which will be preceded by a meeting of the
Indo-Iraq joint commission.
India has been recently trading with Iraq under the ``oil for
food programme.'' An international sanctions committee oversees
the sales of Iraqi crude and ensures it is used only for the
procurement of non-military products. Under this programme, India
bought around 2.5 million tonnes of Iraqi oil and sold Baghdad
half-million tonnes of wheat. It also signed electrical equipment
contracts worth $550 million.
The first serious attempt to rehabilitate the relationship began
in 1998 with the visit to Baghdad by an Indian parliamentary
delegation. This was followed by exchange visits by Agriculture
Ministers. The relationship began to acquire some life when high-
profile negotiations on oil began last year. Two recent visits -
by the Minister of State of External Affairs, Mr. Ajit Panja, and
by the Secretary (East) in the Foreign Office - were required to
bring Mr. Ramadhan to India at the invitation of the Vice-
President, Mr. Krishan Kant.
Send this article to Friends by E-Mail
|
|
Section : National Previous : Jagir Kaur questioned again Next : Indo-Iran trade pact on cards | |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
Home | |
|
Copyrights © 2000 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu |
|