Oil Must be Controlled by Iraqis after War, says Schroeder

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Last updated at: (Beijing Time) Thursday, April 03, 2003

Oil Must be Controlled by Iraqis after War, says Schroeder

The oil reserves in Iraq must remain under the control of the Iraqi people after the end of the ongoing war, German Chancellor Gerhard Schroeder said on Thursday.

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The oil reserves in Iraq must remain under the control of the Iraqi people after the end of the ongoing war, German Chancellor Gerhard Schroeder said on Thursday.

"The oil reserves and natural resources of the county must be owned and under the control of the Iraqi people and be of benefit to them," said Schroeder in a government declaration to the lower house of parliament, or Bundestag.

He also proposed further guidelines for the post-war order in Iraq.

The territorial integrity of the country must be secured after the war and the Iraqi people be given the right to decide on theirown future, said Schroeder.

Meanwhile, he urged to start a political process to create stability for the whole Middle East region, while stressing that the United Nations must play a decisive role in post-war Iraq.

The chancellor reiterated Germany's stance that Germany would not participate in the war. However, he said Germany would fulfillits alliance obligations for the United States, Britain and Turkey.

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