LUKIN: LIFTING ARMS EMBARGO ON IRAQ WOULD HURT RUSSIA.

Responding to Foreign Minister Andrei Kozyrev’s suggestion this week that Moscow should press for the easing of the UN-imposed embargo on Iraq, Duma foreign relations committee chairman Vladimir Lukin said that such a step could cost Russia billions of dollars in revenue, Moscow radio reported June 6. Lukin argued that any lifting of the embargo would allow Iraq to dump its oil onto the world market, thereby depressing the price that Russia receives for its exports.

From G-7 to P-8.