Kuwait oil minister: Oil prices are good for producers, consumers

Updated 10 March 2019
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Kuwait oil minister: Oil prices are good for producers, consumers

  • Kuwaiti newspaper Al-Rai reported the statement
  • It cited Al-Fadhil saying “current oil prices are good for producers and consumers”

CAIRO: Kuwait’s Oil Minister Khalid Al-Fadhil said current oil prices are good for producers and consumers, Kuwaiti newspaper Al-Rai reported on Sunday.
Al Rai cited Al-Fadhil saying “current oil prices are good for producers and consumers, as consumer countries see that a price between $60-70 is a good price for everyone.”


High-level Russian delegation in Iraq to discuss trade ties

Updated 25 April 2019
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High-level Russian delegation in Iraq to discuss trade ties

  • The two sides discussed trade in agriculture and industry
  • Iraq is reliant on imports to feed its population, and imports a significant portion of food items from Iran

BAGHDAD: A high-level Russian delegation is visiting Iraq to discuss trade and economic cooperation between the two countries.
The delegation, headed by Deputy Prime Minister Yury Borisov, met with Iraqi Foreign Minister Mohammed Alhakim on Thursday.
Borisov said the two sides discussed trade in agriculture and industry and said his country is seeking to increase food exports to Iraq.
Iraq is reliant on imports to feed its population, and imports a significant portion of food items from Iran.
The Russian delegation is expected to meet Iraqi Prime Minister Adel Abdul-Mahdi later in the day.