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Facts on Who Benefits From Keeping Saddam Hussein In Power
Heritage Foundation | February 28, 2003 | Heritage Foundation

Posted on 03/27/2003 12:55:46 PM PST by Bob J

France

a. According to the CIA World Factbook, France controls over 22.5 percent of Iraq's imports.[1] French total trade with Iraq under the oil-for-food program is the third largest, totaling $3.1 billion since 1996, according to the United Nations.[2] In 2001 France became Iraq's largest European trading partner.

b. Roughly 60 French companies do an estimated $1.5 billion in trade with Baghdad annually under the UN oil-for-food program.

c. France's largest oil company, Total Fina Elf, has negotiated a deal to develop the Majnoon field in western Iraq. The Majnoon field purportedly contains up to 30 billion barrels of oil.

d. Total Fina Elf also negotiated a deal for future oil exploration in Iraq's Nahr Umar field. Both the Majnoon and Nahr Umar fields are estimated to contain as much as 25 percent of the country's reserves.

e. France's Alcatel company, a major telecom firm, is negotiating a $76 million contract to rehabilitate Iraq's telephone system.

f. From 1981 to 2001, according to the Stockholm International Peace Research Institute (SIPRI), France was responsible for over 13 percent of Iraq's arms imports.

Germany

a. Direct trade between Germany and Iraq amounts to about $350 million annually, and another $1 billion is reportedly sold through third parties.

b. It has recently been reported that Saddam Hussein has ordered Iraqi domestic businesses to show preference to German companies as a reward for Germany's "firm positive stand in rejecting the launching of a military attack against Iraq." It was also reported that over 101 German companies were present at the Baghdad Annual exposition.

c. During the 35th Annual Baghdad International Fair in November 2002, a German company signed a contract for $80 million for 5,000 cars and spare parts.

d. In 2002, DaimlerChrysler was awarded over $13 million in contracts for German trucks and spare parts.

e. German officials are investigating a German corporation accused of illegally channeling weapons to Iraq via Jordan. The equipment in question is used for boring the barrels of large cannons and is allegedly intended for Saddam Hussein's Al Fao Supercannon project.

Russia

a. According to the CIA World Factbook, Russia controls roughly 5.8 percent of Iraq's annual imports. Under the UN oil-for-food program, Russia's total trade with Iraq was somewhere between $530 million and $1 billion for the six months ending in December of 2001.

b. According to the Russian Ambassador to Iraq, Vladimir Titorenko, new contracts worth another $200 million under the UN oil-for-food program are to be signed over the next three months.

c. Soviet-era debt of $7 billion through $8 billion was generated by arms sales to Iraq during the 1980-1988 Iran-Iraq war.

d. Russia's LUKoil negotiated a $4 billion, 23-year contract in 1997 to rehabilitate the 15 billion-barrel West Qurna field in southern Iraq. Work on the oil field was expected to commence upon cancellation of UN sanctions on Iraq. The deal is currently on hold.

e. In October 2001, Salvneft, a Russian-Belarus company, negotiated a $52 million service contract to drill at the Tuba field in Southern Iraq.

f. In April 2001, Russia's Zaruezhneft Company received a service contract to drill in the Saddam, Kirkuk, and Bai Hassan fields to rehabilitate the fields and reduce water incursion.

g. A future $40 billion Iraqi-Russian economic agreement, reportedly signed in 2002, would allow for extensive oil exploration opportunities throughout western Iraq. The proposal calls for 67 new projects, over a 10-year time frame, to explore and further develop fields in southern Iraq and the Western Desert, including the Suba, Luhais, West Qurna, and Rumaila projects. Additional projects added to the deal include second-phase construction of a pipeline running from southern to northern Iraq, and extensive drilling and gas projects. Work on these projects would commence upon cancellation of sanctions.

h. Russia's Gazprom company over the past few years has signed contracts worth $18 million to repair gas stations in Iraq.

i. The former Soviet Union was the premier supplier of Iraqi arms. From 1981 to 2001, Russia supplied Iraq with 50 percent of its arms.

China

a. According to the CIA World Factbook, China controls roughly 5.8 percent of Iraq's annual imports.

b. China National Oil Company, partnered with China North Industries Corp., negotiated a 22-year-long deal for future oil exploration in the Al Ahdab field in southern Iraq.

c. In recent years, the Chinese Aero-Technology Import-Export Company (CATIC) has been contracted to sell "meteorological satellite" and "surface observation" equipment to Iraq. This contract was approved by the UN oil-for-food program.

d. CATIC also won approval from the UN in July 2000 to sell $2 million worth of fiber optic cables. This and similar contracts approved were disguised as telecommunications gear. These cables can be used for secure data and communications links between national command and control centers and long-range search radar, targeting radar, and missile-launch units, according to U.S. officials. In addition, China National Electric Wire & Cable and China National Technical Import Telecommunications Equipment Company are believed to have sold Iraq $6 million and $15.5 million worth of communications equipment and other unspecified supplies, respectively.

e. According to a report from SIPRI, from 1981 to 2001, China was the second largest supplier of weapons and arms to Iraq, supplying over 18 percent of Iraq's weapons imports.


TOPICS: Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: china; france; germany; iraqifreedom; mdm; russia
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This has been posted before, but it can't be posted enough.
1 posted on 03/27/2003 12:55:47 PM PST by Bob J
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To: Bob J
You left off the UN. They received over $500mil last year for administering (some 4000 employees) the oil for food program according to a CNN report last night.
2 posted on 03/27/2003 12:59:25 PM PST by The_Victor
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To: Bob J
Not only who benefits...but who actually HAS KEPT THAT AHOLE IN POWER ALL THIS TIME
AND KEPT US FROM TAKING HIM OUT

And the number one beneficiary......the UNITED NATIONS.....and Kaffi Anan
the UN is a terror sponser...

Since we declared a war on terror and ALL who support terrorists....
arent France, Germany, Russia, China and the UN on our list of next targets?
3 posted on 03/27/2003 1:02:11 PM PST by joesnuffy
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To: Bob J
French total trade with Iraq under the oil-for-food program is the third largest, totaling $3.1 billion since 1996, according to the United Nations.

Someone please tell me why President Bush chose to reinitiate the oil-for-food programme Under the UN. I have a hard time believing Blair needs it that badly.

4 posted on 03/27/2003 1:08:24 PM PST by Carry_Okie (Because there are people in power who are truly evil.)
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To: Bob J
Thanks, I have bookmarked it.


5 posted on 03/27/2003 1:09:18 PM PST by Grampa Dave ("Those who are kind to the cruel end up being cruel to the kind!")
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To: Bob J
If we make Saddam a hero in the Arab world, he may win the election in the New Iraq.

It would be kind of like what goes on in DC.
6 posted on 03/27/2003 1:11:03 PM PST by Fulbright
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To: Bob J
Man, I am just totally shocked and awed! I cannot believe this. Before I read this, I was sure it was more like Paraguay, Lithuania, Mozambique and Liechtenstein. I am just shocked!
7 posted on 03/27/2003 1:12:30 PM PST by RetiredArmy
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To: joesnuffy
I think if USA declare war to just Russia and China, it will be USA end. It will be quick nuclear war.

8 posted on 03/27/2003 1:13:17 PM PST by Russian_Vanya
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To: The_Victor
And that $500M is off the top, (i.e., profit, probably untaxed), while the other numbers are sales, not profits.
9 posted on 03/27/2003 1:20:41 PM PST by expatpat
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To: Warrior Nurse; W04Man; Mudboy Slim; nutmeg
ping
10 posted on 03/27/2003 1:22:54 PM PST by FreeTheHostages (Remember the 507th www.freerepublic.com/focus/news/875918/posts)
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To: Bob J
PING!
11 posted on 03/27/2003 1:26:50 PM PST by jmstein7
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To: Bob J
Here are the latest numbers as a percent of total imports:

France 22.5%, Australia 22%, China 5.8%, Russia 5.8% (2000)

Notice the absence of Autralia in the article and the absence of Germany on the list. I don't mind cites to support hypothesis but by the authors inference the afore unmentioned Australia is part of the problem and not the solution.

A point of argument yes, but also flawed inductive reasoning if taken to a conclusion certain.

12 posted on 03/27/2003 1:27:06 PM PST by Amerigomag
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Comment #13 Removed by Moderator

To: Bob J
Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money! Follow the money!
14 posted on 03/27/2003 1:29:38 PM PST by dfwgator
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To: Russian_Vanya
I think if USA declare war to just Russia and China, it will be USA end. It will be quick nuclear war.

Don't count on it. BTW, welcome to FR. Now please crawl back into your hole. (Russian_Vanya signed up 2003-03-27.)

15 posted on 03/27/2003 1:30:14 PM PST by fivecatsandadog (fur, cryin' out loud...)
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To: Amerigomag
And where is the US on that list? I know we're a big buyer in the food-for-oil program...
16 posted on 03/27/2003 1:31:24 PM PST by m1911
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To: The_Victor
Who paid the 500m?
17 posted on 03/27/2003 1:34:18 PM PST by Bob J
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To: Bob J
So now we know what the Frogs, Krauts, and Russians get out of it. Still the big question: What does the Pope get out of it?
18 posted on 03/27/2003 1:34:50 PM PST by merak
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To: Bob J
I have read this before, but the question that I want answered is what would the loss of these contracts mean to the economy of both France and Germany?
19 posted on 03/27/2003 1:35:49 PM PST by Eva
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To: Carry_Okie
Bush wants to use the Iraqi oil to pay for the humanitarian assistance. Once the war is over, the trade ban will be lifted, so who cares?
20 posted on 03/27/2003 1:36:35 PM PST by Bob J
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