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Article: U.N. Sanctions Committee Meets on Iraq's Euro Switch
- Article from:
- Xinhua News Agency
- Article date:
- October 30, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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The United Nations Sanctions Committee is holding an informal
meeting Monday afternoon to further discuss Iraq's request to switch
from the U.S. dollar to the euro, the European single currency, for
its oil sale accounts.
The decision to accept this request has to be made by the
sanctions committee that already discussed the issue at its previous
meeting last Tuesday.
Late last week, U.N. Under Secretary-General for Management
Joseph Connor sent a letter to Iraq, informing that the U.N.
Secretariat was preparing to discuss the practicability of the
request and pointing out that the sanctions committee's views on
this issue would have to be taken into account.
Connor also asked that switch to ...