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1 (2003)

handle is hein.cbhear/fdsysaejc0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP FOREIGN OPERATIONS, EXPORT FINANCING, AND RELATED PROGRAMS APPROPRIA- TIONS FOR FISCAL YEAR 2004 WEDNESDAY, APRIL 30, 2003 U.S. SENATE, SUBCOMMITTEE OF THE COMMITTEE ON APPROPRIATIONS, Washington, DC. The subcommittee met at 1:44 p.m., in room SD-192, Dirksen Senate Office Building, Hon. Mitch McConnell (chairman) pre- siding. Present: Senators McConnell, Stevens, Specter, Gregg, Shelby, Bennett, Campbell, Bond, DeWine, Leahy, Inouye, Harkin, Mikul- ski, Durbin, Johnson, and Landrieu. DEPARTMENT OF STATE OFFICE OF THE SECRETARY STATEMENT OF HON. COLIN L. POWELL, SECRETARY OF STATE OPENING STATEMENT OF SENATOR MITCH MC CONNELL Senator MCCONNELL. Good afternoon. The Secretary has to leave at 3 p.m., so we will limit our opening statements to Senator Leahy and myself and the chairman of the full commitee. Welcome, Mr. Secretary. Let me begin by expressing my grati- tude to the President, his entire cabinet, and our soldiers and sail- ors for the quick and decisive victory in Iraq. Once again, we have affirmed that we have the best trained, equipped, and disciplined military in the world and the best leaders on and off the battlefield. The victory in Iraq belongs to the people of Iraq, and the chal- lenge now falls upon the coalition to repair damaged infrastructure, establish democratic institutions, and vest the principles of freedom and justice in the consciousness and lives of the Iraqi people. While Congress included $2.5 billion for these efforts in the war supple- mental, the country's natural resources provide an advantage that will hopefully sustain and accelerate the reform and recovery proc- ess. The United Nations should immediately end the sanctions against Iraq so that the profits from these resources can go directly to the people of that country. I might just say, Mr. Secretary, I saw a fascinating op-ed in the Wall Street Journal a few weeks ago suggesting that one way to convince the Iraqi people that they are going to benefit from the oil would be to set up a structure similar to what they have in the (1)

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