09 July 2007
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Prime Minister Nouri al-Maliki called the bill "the "most important law in Iraq," and U.S. lawmakers have demanded Iraq advance the measure before Congress approves additional war funding. But critics say the law would leave Iraq's oil open to foreign takeover. A parliamentary boycott by Sunni and Shia factions is expected to slow the bill's passage.
In addition, six Nobel Peace Prize Laureates have released a statement in opposition to the legislation. The laureates include Betty Williams, Mairead Corrigan Maguire, Rigoberta Menchu, Jody Williams, Shirin Ebadi and Wangari Maathai. The statement read, in part, "The Iraq Oil Law could benefit foreign oil companies at the expense of the Iraqi people, deny the Iraqi people economic security, create greater instability, and move the country further away from peace."
Last month, the Iraqi oil workers union went on a strike to protest the law. Two leading union members recently traveled to the United States to meet with members of Congress and attend last week's U.S. Social Forum in Atlanta.
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