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| Today: 09 February 2010 Time: 09:55 PM |
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| Iranian Pres. calls for joint OPEC bank, currency |
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| Power & Materials 4/6/2008 6:33:00 PM |
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TEHRAN, April 6 (KUNA) -- President Mahmoud Ahmedinejad Sunday called for a
joint bank and currency for member states of the Organization of Petroleum
Exporting Countries' (OPEC).
This came during Ahmedinejad's meeting with OPEC's Secretary General
Abdullah Al-Badri who is on a current visit to Tehran.
The Iranian President pointed out that the current situation in the global
oil market called for such unification, noting that oil importing states were
achieving more financial gain than those exporting the vital energy source.
Al-Badri said on his part that the current price of oil was unreasonable
and added that OPEC was currently studying plans to consider other currencies
rather than the US dollar.
He lauded Iran's efforts in OPEC, affirming the significance of OPEC's
unity. (end)
mw.gta
KUNA 061833 Apr 08NNNN
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