Lux
12-16-2004, 10:42 PM
We knew but now it's official.
http://www.news.com.au/common/story_page/0,4057,11716670%255E1702,00.html
"The signing of the debt cancellation agreement is the bilateral agreement that implements the United States' part of the Paris Club debt-reduction agreement reached November 21, 2004," the statement said.
"In fact the United States will go beyond the 80 per cent reduction agreed at the Paris Club and forgive 100 per cent of the $US4.1 billion Iraq owes the United States from the Saddam era," it said.
http://www.news.com.au/common/story_page/0,4057,11716670%255E1702,00.html
"The signing of the debt cancellation agreement is the bilateral agreement that implements the United States' part of the Paris Club debt-reduction agreement reached November 21, 2004," the statement said.
"In fact the United States will go beyond the 80 per cent reduction agreed at the Paris Club and forgive 100 per cent of the $US4.1 billion Iraq owes the United States from the Saddam era," it said.