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Iraq concerns over UN sanctions on Syria

05-10-2012 11:19 BJT Special Report:Crisis in Syria |

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Iraqi officials and economy experts have voiced concerns and warnings over the consequences of international economy sanctions against Syria that have heavily affected Iraq’s economy.

The Iraqi Officials pointed out that Iraq's approval for imposing economic sanctions against Syria would lead to great disadvantages to Iraqis. They stated Iraq’s refusal of imposing the sanctions comes due to setting the Iraqi people’s interests above all other considerations. Many Iraqi politicians and observers have stated that the international sanctions against Syria had negatively affected the Iraqi economy.

The Iraqi lawmakers said that the international sanctions against Syria were the main reason behind the increase of the goods prices in the Iraqi markets.

They further added that any regional military action against Syria may lead to interrupt the Iraqi-Syrian oil exporting lines, which will extremely harm the Iraqi economy, urging the government to play a mediator role to solve this Issue peacefully.

UN observers drive past destroyed houses as they arrive to inspect the Bayyada
district of the flashpoint Syrian city of Homs. A roadside bomb has wounded six
Syrian soldiers as they escorted a convoy of UN peace observers, including the
general who heads the mission, in the southern town of Daraa.

Syrian soldiers escort a UN observer convoy just before it was targetted by a
roadside bomb in the restive southern city of Daraa. A roadside bomb wounded
six soldiers as they escorted a convoy of UN peace observers, including the
general who heads the mission, in southern Syria on Wednesday.

Ibrahim Al Mutlaq, MP Iraqiyah Bloc, said, "In fact the situation in Syria and Iran is having direct effects on the Iraqi and regional economy Iraq must play bigger role to end the Syrian crisis otherwise the country's economy will collapse."

On the other hand many economy observers and experts agreed on the International sanctions against Syria may put Iraq under heavy international pressures which will effect on Iraq's relations with its Allies.

Syria has a direct impact on the economic situation in Iraq because Iraq depends on Syria in importing most of its cargos from Europe throughout the Syrian seaports. The exchange rate between Iraq and Syria is great, they assured, noting If the Sanctions were applied, the Iraqi economy will be harmed severely.

Hadi Maree Jallaw, economy & political expert, said, "The International sanctions against Syria and the political tensions with Iran will definitely make Iraq under heavy pressures and these pressures may include the country's trade and oil exports which will threaten the country’s prosperity."

During the Arab Foreign Ministers meeting ahead the Arab League Summit which was held in Baghdad, the Arab Foreign Ministers decided to impose economic sanctions against Syria while Iraq expressed its reservation and Lebanon rejected the decision.

Political and economy experts have urged the Iraqi government to play a bigger role in this issue.

UN-Arab League envoy Kofi Annan speaks to the press in Geneva. Annan said his
peace plan could be the last chance to avoid civil war in Syria, where a truce
has failed to end 14 months of bloodshed that monitors say has killed nearly
12,000 people.

The Joint Special Envoy for Syria, Kofi Annan (L) speaks with Nassir Abdulaziz
Al-Nasser, President of the 66th session of the U.N. General Assembly during a
meeting at the United Nations European headquarters in Geneva May 8, 2012.

Editor:Wang Chuhan |Source: CNTV.CN

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