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Profile: Kamil Mahdi

Kamil Mahdi was a participant or observer in the following events:

The Guardian publishes an op-ed piece by Iraqi economist Kamil Mahdi under the title “Iraqis will never accept this sellout to the oil corporations.” Mahdi, a professor at Exeter University (UK), writes: “Before embarking on controversial measures such as [the proposed Oil Law] favoring foreign oil firms, the Iraqi parliament and government must prove that they are capable of protecting the country’s sovereignty and the people’s rights and interests… The oil law (see January 16, 2007) is likely to open the door to these corporations at a time when Iraq’s capacity to regulate and control their activities will be highly circumscribed. It would therefore place the responsibility for protecting the country’s vital national interest on the shoulders of a few vulnerable technocrats in an environment where blood and oil flow together in abundance. Common sense, fairness, and Iraq’s national interest dictate that this draft law must not be allowed to pass during these abnormal times, and that long-term contracts of 10, 15, or 20 years must not be signed before peace and stability return, and before Iraqis can ensure that their interests are protected. This law has been discussed behind closed doors for much of the past year. Secret drafts have been viewed and commented on by the US government, but have not been released to the Iraqi public—and not even to all members of parliament. If the law is pushed through in these circumstances, the political process will be further discredited even further. Talk of a moderate cross-sectarian front appears designed to ease the passage of the law and the sellout to oil corporations. The US, the IMF and their allies are using fear to pursue their agenda of privatizing and selling off Iraq’s oil resources. The effect of this law will be to marginalize Iraq’s oil industry and undermine the nationalization measures undertaken between 1972 and 1975. It is designed as a reversal of Law Number 80 of December 1961 that recovered most of Iraq’s oil from a foreign cartel. Iraq paid dearly for that courageous move: the then prime minister, General Qasim, was murdered 13 months later in a Ba’athist-led coup that was supported by many of those who are part of the current ruling alliance—the US included. Nevertheless, the national oil policy was not reversed then, and its reversal under US occupation will never be accepted by Iraqis.” [Guardian, 1/16/2007]

Entity Tags: Kamil Mahdi

Timeline Tags: Iraq under US Occupation

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