Tag Archives | Australia

New Australian Ambassador to Iraq

By John Lee. The Australian Prime Minister has announced the appointment of Mr Christopher Langman as the country’s next Ambassador to Iraq. Australia and Iraq enjoy a strong bilateral relationship. More than 48,000 Australian residents were born in Iraq. Two-way merchandise trade was worth nearly $300 million in 2014, with Australia continuing to provide high […]

Iraq Delays Decision on Wheat Tender

By John Lee. The Iraqi Grain Board (IGB) has delayed until Sunday a decision on whether to buy at least 50,000 tonnes of hard wheat in an international tender. Reuters quotes traders as saying that no purchase had yet been made, with Australian wheat offered at the lowest price of $279.70 a tonne c&f free […]

Iraq Buys 200,000 Tonnes of Wheat

By John Lee. The Iraqi Grain Board has bought 200,000 tonnes of hard wheat from Canada, the United States and Australia, Reuters reported on Monday: 100,000 tonnes of Canadian wheat, from trading house Richardson at $331.65 a tonne c&f free out (ciffo); 50,000 tonnes of US wheat, from trading house Archer Daniels Midland (ADM) at $333.87 […]

Oil Minister meets Australian Ambassador

By John Lee. Iraqi Oil Minister Adel Abdul-Mahdi [Adil Abd al-Mahdi] met this week with the Australian Ambassador, Lyndall Sachs, to discuss the strengthen of relations relations between the two countries, particularly in the oil sector. The Minister pointed out that “Australia is one of the countries that has good relations with Iraq, and we […]

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Emirates to Reroute Flights

By Patrick M Schmidt. Sir Tim Clark, Chief Executive of Emirates Airlines, has announced that the airline would no longer allow its own aircraft to fly over Iraq. This statement comes as a reaction to the missile strike on Malaysian Airlines MH-17 and concerns about ISIS militants in the north of Iraq being in possession […]

Australian Oil-for-Food Case Dropped

By John Lee. The Australian Securities and Investments Commission (ASIC) has today discontinued its proceedings in the Supreme Court of Victoria against Charles Stott and Michael Long for alleged breaches of their duties as officers of AWB Limited — formerly the Australian Wheat Board — in connection with the United Nations Oil for Food Programme in […]

Unaoil joins Leighton in Denying Iraq Allegations

By John Lee. The Australian reports that the company at the centre of the Leighton Holdings bribery allegations has denied any involvement in corruption in Iraq, or having links to the Oil Minister and Prime Minister. Unaoil, which is based in Monaco, was alleged to have been paid kickbacks by Leighton to secure an oil […]

Leighton Shares Dive on Iraq Corruption Allegations

By John Lee. Shares in the Australia’s Leighton Holdings, Australia’s biggest builder, fell more than 10 percent on Thursday following reports that former executives knew of alleged corruption at the company in Iraq. Leighton allegedly paid bribes to win contracts, and former chief executive officers Wal King and David Stewart were aware of the conduct, […]