Iraqi Vice-President saddam Hussein, in Paris on Thursday (15 June), declared that France had a "privilege position" in political and economic relations with Iraq, including oil matters.
SV Hussein out of Aisles approached by newsmen
CU Hussein answers newsmen(SO ARABIC)
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Background: Iraqi Vice-President saddam Hussein, in Paris on Thursday (15 June), declared that France had a "privilege position" in political and economic relations with Iraq, including oil matters. Mr. Hussein spoke after three-hours of talks with President Pompidou.
The Iraqi leader said he had assured the French President that France would continue to receive oil supplies following nationalisation of the assets of the western-owned Iraq Petroleum Company (I.P.C.).
I.P.C.'s partner s include France's state-owned compagnie Franceaise Des Petroles (C.F.P.), British Petroleum, Standard Oil of New jersey, Mobil Oil and Royal Dutch Shell. Earlier, in a luncheon teats, President Pompidou had expressed confidence that a solution could be found to the oil crisis, which would meet Iraq's needs and assure international oil supplies.
Mr Hussein, who on Thursday morning conferred with French Foreign Minster Maurice Schumann, Thursday night had a meeting with Finance Minister Valery Giscard D'Estaing. IRA is seeking French capital equipment and hope to enlist French technological know-how in its current five-year development plan.
SYNOPSIS: Iraqi Vice-President Saddam Hussein, following three-hours of talks with President Pompidou, speak to newsmen in Paris on Thursday.
The Iraqi leader declared that France had what he called a "privileged position" in political and economic relations with Iraq, including oil matters. Mr Hussein said that France would continue to receive oil supplies following nationalisation of the assets of the western-owned Iraq Petroleum Company, I.P.C. Saying that Iraq was ready to discuss fair compensation with all oil companies affected by nationalisation, the Iraqi leader was careful to point out that France holds a special position concerning oil matters. He explained that France's special treatment stemmed from the country's attitude in the Arab-Israeli conflict. The oil dispute with Iraq involves France's state-owned oil company C.F.P., British Petroleum, standard Oil of New Jersey and Real Dutch Shell. Asked if France could play a leading role in the settlement of the I.P.C. oil dispute, Mr. Hussein said that it was for France to decide. "We have nationalised our oil," he continued "and that's all there is to it".