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| Iraq |
| Japan Forgives $6 Billion of Iraqi Debt |
| 2005-11-25 |
| TOKYO (AP) - Japan finalized an agreement Thursday to forgive $6.1 billion of Iraqi debt, or about 80 percent of the total owed by Baghdad, a government official said. The two countries signed the formal accord on debt reduction, which was in line with a framework agreed by the world's main creditor nations, the Paris Club, one year ago. At that time, the Paris Club nations all agreed to reduce by 80 percent the $38.9 billion Iraq owed to its member states. |
| Posted by:Steve White |
| #1 Any mention of this in the MSM? I googled but didn't get a hit. |
| Posted by: Whiskey Mike 2005-11-25 20:04 |