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Vice President Tariq al-Hashimi (file photo) (epa)
May 20, 2007 -- Iraqi Vice President Tariq al-Hashimi says he opposes a draft oil law, saying it gives too many concessions to foreign oil companies.
Al-Hashimi was speaking today in Jordan on the sidelines of an international conference hosted by the Geneva-based World Economic Forum.
Al-Hashimi acknowledged a need for foreign expertise, but stressed that foreign partners should not receive "big privileges" as Iraqis seek to attract them.
Al-Hashimi also said he hopes oil corporations will invest in Iraq, despite ongoing security concerns.
The Iraqi government is debating a draft oil law that allows for dividing the country's vast oil wealth.
Al-Hashimi said his party, the largest Sunni grouping with 44 seats in the legislature, will seek to amend the draft ahead of passage.