Mazhar Muhammad Salih, the prime minister’s resigned adviser for economic affairs, said on Sunday 2-2-20, that the UN Security Council sanctions imposed in 1990 are still valid in Iraq, while he indicated that the country needs two things as it is among the world’s richest groups in natural resources.
Saleh said in a press statement I followed (Baghdad today), “There are invisible obstacles that have stopped the national industry in general and the Iraqi extractive industry in particular since the beginning of the nineties of the last century, indicating that the Security Council resolutions issued since August 1990 were enacted due to Iraqs invasion of Kuwait to put the factory Iraq is under penalty of the international technological and commercial blockade, and many extractive industry sites have been particularly exposed to military operations in the Gulf War 1991 and beyond, which has lost the capabilities of work, development, investment and continued production.
He added that “the extractive industry, especially non-oil, that deals with the production of raw materials and its export to global markets, was the first target in the war and international blockades and extensions subject to the application of Chapter VII of the Charter of the United Nations, and still sees from time to time a decision by a United Nations committee The competent authority undertakes the partial or gradual lifting of the Iraqi factory (and sometimes issued lists) and deletes it from the blacklist, especially for factories, some of which, for example, have disappeared technologically or have gone missing. ”
Saleh said that “Iraq, which is the ninth country in the world in terms of natural resources buried underground, and estimated that these wealth is about 15 – 16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials, and that Iraq is one of the most regular and distributed countries in the world Mineral wealth and other per square kilometer and across the country. ”
He continued, saying, “What we need today as the world’s richest groups in natural resources are two things, the first of which is a distinguished cooperation with the international business environment and world markets and the integration of the Iraqi industry with the global industry, and the other is the importance of national solidarity in organizing the management of raw material production or extractive industry other than oil and the provision of its revenues In programs that lead to the growth of the material capital formation, the accumulation of human capital, the immediate transition from a semi-deficit economy to a productive surplus economy and the birth of a major renaissance in economic development through a renewed leverage based on other extractive returns. ”
It is noteworthy that Iraq is still suffering from some restrictions imposed by the UN Security Council since the beginning of the nineties of the last century due to Iraq’s invasion of Kuwait and the economic sanctions that followed the Iraqi industry that overthrew the Iraqi industry and made Iraq unable to use and invest those wealth, economic sanctions were not lifted despite From the collapse of the previous regime and the entry of Iraq into a new political era, it was hoped that the country would restore its industries and production, but the scale of “corruption” that accompanied the political process and the restrictions and sanctions imposed by the UN Security Council kept those industries intact.