The following is an archived copy of a message sent to a Discussion List run by the Campaign Against Sanctions on Iraq.
Views expressed in this archived message are those of the author, not of the Campaign Against Sanctions on Iraq.
[Main archive index/search] [List information] [Campaign Against Sanctions on Iraq Homepage]
http://www.washingtonpost.com/ac2/wp-dyn/A15368-2003Apr2?language=printer U.S., Allies Clash Over Plan to Use Iraqi Oil Profits for Rebuilding [......] U.N. and British officials said the United States lacks the legal authority to begin exporting oil even on an interim basis without a new Security Council mandate. Iraq's oil sales before the war were controlled by the United Nations under its oil-for-food program. "We're moving into a legal realm that is not clear," said Jan Randolph, head of economic forecasting at the World Markets Research Center in London. "The impression we're getting is that because the Americans are largely bearing the [war] costs, they will want to determine what happens next." David L. Goldwyn, president of Goldwyn International Strategies, said: "I don't believe that the U.S. has the legal power under international law to seize and sell Iraq's oil absent a new Security Council resolution." Goldwyn, who was assistant secretary of energy in the Clinton administration, added: "It is extremely doubtful any reputable oil company will purchase oil without clear title." But some industry officials said oil companies might be willing to buy Iraq oil if purchases were guaranteed by the United States. [......] _______________________________________________ Sent via the discussion list of the Campaign Against Sanctions on Iraq. To unsubscribe, visit http://lists.casi.org.uk/mailman/listinfo/casi-discuss To contact the list manager, email email@example.com All postings are archived on CASI's website: http://www.casi.org.uk