China pushes for speedy political solution in Iraq
Published on Jul 8, 2014 11:38 AM
BEIJING (REUTERS) - China hopes that Iraq can form a new inclusive government as soon as possible and will support efforts by Baghdad to protect its sovereignty, state media cited China's special envoy to the Middle East as saying on a visit to a key energy supplier.
China is Iraq's largest oil client, and its state energy firms, which include PetroChina, Sinopec Group and CNOOC Ltd, together hold more than a fifth of Iraq's oil projects after securing some of its fields through auctions in 2009.
China has repeatedly expressed concern about the upsurge in violence in Iraq and the march of the Islamic State of Iraq and the Levant (ISIL), also known as Islamic State in Iraq and Syria (ISIS), which has seized much of the north of the country as Baghdad's forces there collapsed.
ISIL has renamed itself the Islamic State and proclaimed the establishment of a "caliphate" on land it has captured in Syria and Iraq.
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