The Hindu : Iraq-Russia trade ties 'intact'

Online edition of India's National Newspaper
Friday, Mar 28, 2003

International

International

Iraq-Russia trade ties 'intact'

By Vladimir Radyuhin

MOSCOW MARCH 27. The Russian-Iraqi inter-governmental commission for economic cooperation is working despite the war, a Russian Cabinet Minister said.

The Commission is busy finalising contracts under a long-term cooperation programme approved last year, said Russia's Energy Minister, Igor Yusufov, who co-chairs the IGC on the Russian side.

The $40-billion programme covers ongoing and new projects in energy, transportation and a host of other areas.

Before the war, Russia maintained wide-ranging economic ties with Iraq and was Baghdad's largest trading partner under the United Nations oil-for-food programme.

"All Russian companies that have interests in Iraq should be able to return to their projects immediately after the end of hostilities," the Russian Minister said today.

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