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Iraq-Jordan
Riyadh Pledges $1bn for Iraq Reconstruction
2005-06-23
Saudi Arabia yesterday emphasized its vision of an independent and unified Iraq and said it would extend $1 billion in the form of soft loans for the reconstruction of the war-torn country. Addressing an international conference here, attended by over 80 governments and international institutions, Foreign Minister Prince Saud Al-Faisal said Riyadh was also ready to write off part of Iraq's debt burden. The conference backed the efforts of Baghdad's transitional government to fight terrorism, while the United States and the European Union warned Syria to stop insurgents using its territory for attacks in Iraq.

The daylong meeting also resulted in international promises to help reduce Iraq's foreign debt, speed up aid deliveries and contribute to efforts to draft a new constitution. US Secretary of State Condoleezza Rice warned Syria to stop insurgents from crossing its border with Iraq. "This is a real problem for the Iraqi people ... something needs to be done," she said. "Terrorism can and will be defeated in Iraq... Our own security is dependent on defeat of terror in this great region," Rice told reporters. In his keynote address, Prince Saud stressed the importance of bringing political stability to Iraq, saying it was a "precondition for the success of this conference." He promised that Saudi Arabia would play the role of a "principal partner" in the Iraqi reconstruction process. "We have already given $300 million in humanitarian aid to the Iraqi people," the Saudi Press Agency quoted him as telling the conference.
Posted by:Fred

#7  hmmm - I remember building a Revell™ CSS Alabama single engine boiler model in my youts.....cool, thx for the memory spark!
Posted by: Frank G   2005-06-23 23:25  

#6  A pledge from the oil ticks is worth less than used toilet paper.

Lessee some CASH on the barrelhead. (And I don't mean all the money they're sending the terrorists.)
Posted by: Barbara Skolaut   2005-06-23 23:18  

#5  Reconstruction of what? Probably more wahabbi madrassahs!
Posted by: BA   2005-06-23 14:34  

#4  "Accountability" has no equivalent in the Saudi Arabic language.
Posted by: Tkat   2005-06-23 10:50  

#3  [In the 1871 Treaty of Washington, the United States and Britain decided to arbitrate the "Alabama" claims dispute dating from the Civil War. The "Alabama" was a British-built Confederate naval cruiser that sank tons of Union shipping. The British agreed to pay reparations.]

I look forward to the Kingdom of Saud paying much much more to the citizens and country of Iraq for their part in the terror campaign going on now.
Posted by: Choth Slaick3903   2005-06-23 09:52  

#2  SO now Zark is gonna declare war on the Prince, too? Maybe he send some boomers back home...
Posted by: Bobby   2005-06-23 09:47  

#1  Take it out of the Wahhabi account, please.

The $300M the Prince thingy claims to have already given could hardly be called "humanitarian aid"... The Sunni terrs and their toolfools in Iraq don't have unlimited resources - this is where they're getting their funding, materiel, and cannon fodder.

We should ask them to account for the claimed $300M - to the penny. The scramble would be kinda fun to watch.
Posted by: .com   2005-06-23 01:00  

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