Iraq : Oil-For-Food Program, Illicit Trade, and Investigations

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Provides an overview of the UN-monitored "oil-for-food" program under which Iraq may export oil to finance food purchases to provide humanitarian relief to the Iraqi people, while ensuring that all...

Provides an overview of the UN-monitored "oil-for-food" program under which Iraq may export oil to finance food purchases to provide humanitarian relief to the Iraqi people, while ensuring that all Iraqi oil revenues earned under the program are held in a UN-controlled escrow account and cannot be accessed by the Iraq Government. Describes program structure and benefits, the continuing debate over sanctions against Iraq, other sources of humanitarian aid to Iraq, pre-war exportation to Iraq, and allegations of program abuses and illicit trade. Discusses termination of program and allegations of corruption.

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