Parliamentary Energy: the Iraqi economy shackled international restrictions

by **Rocky** Mon 19 Jun 2017, 2:50 am

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Parliamentary Energy: the Iraqi economy shackled international restrictions

by Rocky Mon 19 Jun 2017, 2:50 am

Parliamentary Energy: the Iraqi economy shackled international restrictions

BAGHDAD - The Journal News

Commission on oil and energy parliamentary ruled out the existence of a proposal by specialists about the possibility of oil swap in return for the US and international companies liberated areas of the reconstruction of terrorism.

A member of the Committee, Tariq friend Rashid, told «News Journal», on Sunday, that "Iraq is a sovereign state and does not accept barter oil by international bodies in exchange for the reconstruction of cities liberated from Daesh."

He added, it is not possible to say for sure Bonnqayd oil for ages, wondering: What is the economic criterion which is based on the trade-off? And where are the aspirations of the Iraqi people, and where Iraq's oil is a political strategy, especially since Iraq among the countries of "OPEC" oil-producing. "

He stressed that "it is possible that the participating countries with long experience in the issue of reconstruction of major investment as the companies US or the European Union in the reconstruction of Iraq in exchange for amounts to be determined."

He pointed out that "the Iraqi economy is mainly loaded and tied a lot of restrictions on international loans, adding that he can not decide oil prices in the future in Iraq."

He called specialists to find a temporary proposal which (oil-for-reconstruction and construction) to create - US or other industrialized countries, Japan, Germany and France Iraqi partnership after the failure of poor existing projects in terms of planning and implementation over the past fourteen years from the age of the political system and the new economic growth in Iraq.

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