Iraqi News China cancells 80% of Iraq Debt

[apilot]

http://translate.googleusercontent.c...bGroifQukJub0w

[Mailboxmoney]

http://translate.googleusercontent.c...bGroifQukJub0w

China cancels 80% of the debts Iraq has implications

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China cancels 80% of the debts Iraq has implications

2010-01-31 15:52:47

BAGHDAD (Iba) .. Finance Minister Baqir al-Zubaidi said Sunday that China has approved a bilateral agreement between the two countries eliminates 80% of the debt arising from Baghdad to Beijing and size of 8,5 billion dollars.

A statement issued by the Ministry of Finance said China's ambassador to Baghdad, Zhang Yi, a transfer of Zubaydi approval "the State Council, China's bilateral agreement was initialed in Beijing, including the elimination of 80% of China's debt on Iraq, amounting to 8,5 billion dollars." (End) / g / ..

http://translate.googleusercontent.c...bGroifQukJub0w

[smilin4dinar]

YEAH!!! lol

[Scottman]

that's great

[young4five]

How is that good omg it dont sound good to me

[Snickers77]

Awesome!!!

[dboner]

Great kicker to get oil leases

[gorkat]

This means one thing......moving forward baby!

[HUNGRY HEART]

have these lot ever been loyal

[Harley expat]

Life is normal, bribe offered and accepted.

[brahma]

thats great

[mell]

sowns good to me clowser to rv

[taco]

sounds good to me

[moonstruck]

sounds great.

[Doughboi]

YES thats great News

[gregg450]

Isn't the less debt they have to pay back mean that decreases the urgency for RV?

[Miss Muffet]

so whos left to forgive Iraqs debt......USA and who else??????

[scottjag]

This has been out before....I am not sure if this is "new" or just confirmation of the older info....

[ftruck7]

Not sure if this is good or not. Can someone tell me if i am off my rocker. Does China want a RV?

[cottoncandy]

hope that gets us closer

[Bull Goose]

Appears to be quid pro quo.

[kordan80]

postin to get into chat

[drat28]

Wish they would cancel US dept.

[ftruck7]

If Iraq rv at a high amount, that helps the U.S. If i'm not mistaken, China does not want that. Is that right? Or am I crazy?

[decalking]

This is some of the best news yet.