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China Cooperates With Iraq in "Oil-for-Food" Program

China will continue to cooperate with Iraq within the framework of the United Nations' "oil-for-food" program, Chinese trade minister Shi Guangsheng said Tuesday.

On the basis of observing relevant U.N. resolutions, China is encouraging its companies to carry out cooperation with Iraq under the "oil-for-food" program, Shi told visiting Iraqi oil minister Amir Muhammad Rashid.

Shi and Rashid co-chaired the 11th session of the China-Iraq Trade and Economic Mixed Committee.

Chinese companies will ensure the quality of the work in accordance with the signed contracts, the trade minister said.

China is satisfied with its cooperation with Iraq and is grateful to the Iraqi government for its support given to the Chinese companies in the project bidding, Shi said.

Shi added that China and Iraq are complementary in trade and economic cooperation, and the two nations boast bright prospects for cooperation in oil, electricity, communications and other industrial sectors.

The Iraqi oil minister hoped for more progress in bilateral cooperation despite great achievements already made. He promised to continue to support Chinese companies to implement their contracts in Iraq.

(People’s Daily 07/11/2001)



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UN Extends Iraq's Oil-for-Food Deal

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