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Remain firm on Iraqi oil for food talks, Riyadh urges UN
UNITED NATIONS. Feb 2 : A top Saudi Arabian official welcomed upcoming oil for food talks with Iraq but urged UN diplomats Thursday not to make concessions to Baghdad, reports AP.
Saudi Arabia has been a chief beneficiary bf UN sanctions that have kept Iraqi oil off the market.
The United Nations invited Iraq for talks starting next week on granting Baghdad an exemption from the sanctions and allowing limited oil sales to purchase food and medicines.
Iraq has previously re-, jected the deal, first proposed in April, saying it was an infringement on its sovereignty.
Resolution 986 would allow Iraq to pump 2 billion dollars of oil for six months. The money would have to be used to buy food and medicine, compensate victims of Iraq's invasion of
Kuwait and fund UN monitoring operations in Iraq.
We hope that the Iraqi leadership will accept 986 because if they do. I think it will lift the suffering of the Iraqi people,” Prince Bandar Bin Sultan, the Saudi Ambassador to the United States, said.
UN diplomats have stressed that the talks will center on the mechanics of carrying out the offer and that the main points of the deal will not be open for negotiations.
"We don't accept changes, but we accept implementation." Prince Banbdar said after meeting with UN Secretary General Boutros ' Boutros Ghali and the ambassadors of the United States. Russia. Britain. France. China and Egypt.
British Ambassador John Weston agreed saying there was "no flexibility on the central elements of that resolu-
tion,"
Oil prices are expected to fall some 2 dollars per barrel if Iraq begins pumping oil. analysts have said. Saudi Arabia pumps some 8 million barrels of oil a day.
Sultan refused to comment when asked if his country would cut back production if the talks were successful.
"We ll cross that bridge when we get to it." Prince Bandar said
"This has an important impact on the Saudi economy.” he added. "But ... my government thinks lifting the suffering of the Iraqi people is more important than oil or money."
The United Nations imposed sanctions against Iraq after Baghdad's 1990 invasion of Kuwait. Diplomats have said they will not consider lifting the measures until Iraq fully cooperates with UN arms monitors.