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US-Iranian escalation threatens Iraq
economy
21.1.2008
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January
21, 2008
BAGHDAD, -- Iranian-US military escalation
and oil contracts crisis between Kurdistan region
and the central government in addition to the three
plus one agreement, were the major points evoked by
Finances Minister Jaber Al Zubaidi in an interview
with Al Hayat Newspaper.
Al Zubiaidi warned against the consequences of
US-Iranian military escalation in the Gulf, saying
that Iraq will pay the price of such a military
crisis. He added that Iraq’s economy cannot bear the
crisis consequences given that Iraq exports oil via
one port in the Arab Gulf and is unlikely to find
another alternative passage to export oil.
As for the ongoing crisis between Kurdistan regional
government and the central government over oil
contracts, Al Zubiadi noted that the problem
persists in the way the crisis is being handled
saying that using media for dialogue is not
efficient as calm direct negotiations.
Regarding the three plus one agreement concluded by
Al Maliki with the presidential committee, Iraqi
Finances Minister affirmed that it will be enhanced
within few days,www.ekurd.net
confirming that coming
elections will not be based on sectarian alliances.
Al Zubaidi added at the end of the interview that
reducing salaries of Iraqi officials, ministers and
deputies is only aimed to lower the difference of
salary between higher-ranking and lower ranking
officials.
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