Online edition of India's National Newspaper
Wednesday, December 27, 2000
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Online edition of India's National Newspaper Wednesday, December 27, 2000 |
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Oil-for-wheat deal with Iraq
BAGHDAD, DEC. 26. Iraq and India have agreed to trade oil in
exchange for wheat under a long-term accord signed last month in
New Delhi, an official newspaper reported today.
The Indian Ambassador, Mr. R. Dayakar, quoted in Al-Jumhuriya,
said the accord covered ``the exchange of 35,000 tonnes of wheat
for Iraqi crude'' and added that India's annual oil needs
amounted to 25 million barrels of oil.
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