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Saudi Arabia opens land border with Iraq |
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November 8, 2000
RIYADH (AP) - Saudi Arabia has opened its land border with Iraq for the first time since the 1991 Gulf War to facilitate the transportation of Saudi exports, the English-language daily Arab News reported Tuesday. It quoted Abdul-Rahman al-Zamil, chairman of the Exports Development Center, as saying the move would reduce the cost of transporting Saudi products to Iraq by 50 percent. Saudi companies have garnered more than 2.2 billion riyals (dlrs 586 million) worth of contracts in Iraq under the U.N.-approved oil-for-food program, the paper said. The program allows Iraq to export oil under U.N. supervision to pay for food, medicine and humanitarian supplies and repay was reparations. The U.N. sanctions were imposed on Iraq to punish it for invading Kuwait in 1990.
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