Baku, Azerbaijan, May 19
By Fatih Karimov - Trend: Iraqi President Fuad Masum says the country may sell oil beyond OPEC quotas, if the situation necessitates.
"We should work, unless we may have to sell oil beyond OPEC quotas," Iran 's IRIB quoted Masum as saying May 19.
"We have always tried to see OPEC as a common ground for those countries with which we have agreed to reach oil price to the market level. Oil price goes up and down. There is a proper policy in this regard," he said.
He added that the Iraqi government has always negotiated with Iran in this regard and they are coordinated.
Regarding trade relations with Iran, he said that Iran is the first or the second leading trade partner of Iraq.
Referring to Saudi Arabia's attacks on Yemen, the Iraqi president said that Iraq has not approved of military presence in Yemen. All Yemeni sides should negotiate to end the crisis, and the regional countries should support them. The destruction of Yemen will not be in favor of people. Certainly, any military intervention is wrong and will be harmful to the region.
Iraq was the 2nd leading importer of Iranian non-oil goods in the previous Iranian calendar year, which ended on March 20, 2015, according to the Iran Customs Administration.
Iran exported $6.18 billion of non-oil goods to Iraq and imported $60.36 million of non-oil goods from the country.
Edited by CN