US forgives all Iraqi debt; urges other nations to follow
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WASHINGTON - The United States signed an agreement with Iraq on Friday to forgive 100 percent of the $4.1 billion debt Iraq owes it, and urged other nations to follow suit to help the war-torn nation.
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BERLIN : Russia has agreed to a deal to wipe out up to 80 percent of the debt owed by Iraq to the Paris Club creditor nations, a US official said at the conclusion of a Group of 20 meeting.
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A deal to forgive a large chunk of Iraq&#39;s external debt could finally be announced this week after key creditor nations came to an agreement at the weekend ending months of stalemate.
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BERLIN, Nov. 20 -- Germany and the United States have agreed on a proposal to write off as much as 80 percent of Iraq's debt, Germany's finance minister said Saturday, following a months-long U.S. push for debt forgiveness.
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WASHINGTON Oct. 2, 2004 - The United States and its major economic allies struggled Saturday to resolve deep differences over how best to relieve the heavy debt burden for Iraq and the world&#39;s poorest countries.
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The United States on Sunday applauded the decision by the Paris Club on slashing Iraq&#39;s debts and urged other countries to follow suit.
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Nineteen countries, including Australia, have agreed to cancel 80 per cent of the debt Iraq owes them. The deal secured for the Paris Club of creditor nations ends a trans-Atlantic dispute and probably sets
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17 December 2004 (NCA) -- The United States formally wrote off all of its $4.1 billion in Iraqi debt and urged other nations to follow the example.
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German officials said Saturday they have decided to forgive 80 percent of Iraq&#39;s $120 billion foreign debt, CNN reported. Hans Eichel, Germany&#39;s finance minister, meeting with finance
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PARIS/BERLIN  - The Paris Club of creditor nations  agreed on Sunday to cancel 80 percent of the debt Iraq owes its  members, ending a trans-Atlantic dispute and probably setting  the framework for debt pardons from other creditors.
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SANTIAGO, Nov 21  - US President George W. Bush on Sunday welcomed newly scheduled Iraq elections and a deal to shave billions of dollars off the war-torn country&#39;s debt, calling on all creditors to follow suit.
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The US cancels all the debt owed to it by Iraq and calls on other countries to do the same.
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Major economic powers agreed on Sunday to write off billions of dollars of debt for Iraq in a deal that marked a significant step in U.S. efforts to help put the Iraqi economy back on its feet.
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BERLIN -- Germany and the United States have agreed on a proposal to write off as much as 80 percent of Iraq's debt, Germany's finance minister said yesterday, capping a months-long US push for debt forgiveness.
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Major economic powers agreed in principle to write off billions of dollars of debt for Iraq, officials said Sunday, with France in particular agreeing to compromise as it seeks improved ties with the United States.
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Paris - Iraq and the United States on Monday hailed an agreement by a group of creditor nations to write off billions of dollars of debt inherited from the former regime of Saddam Hussein as &quot;historic&quot;.
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Iraq&#39;s interim finance minister Adel Abdel Mahdi has hailed an agreement by a group of creditor nations including Australia to write off a large chunk of debt inherited from the former regime of Saddam Hussein.