Iran Grants Iraq $1 billion Loan (for reconstruction)

2006-12-30

نسخه چاپي ارسال به دوستان

Iran Grants Iraq $1 bln Loan

TEHRAN (Fars News Agency)- Iran announced here on Friday
that it would grant a one-billion-dollar loan to Iraq.

According to a report by the Iranian Ministry of Economic Affairs and Finance, the loan paid in the form of credit is a further measure by Iran to help reconstruction of Iraq.

Speaking in a meeting with Iraq's Minister of Finance Bayan Jabr, Iran's Minister of Economic Affairs and Finance Davoud Danesh Ja'fari said the loan is aimed at assisting the Iraqi government with the reconstruction of that country in areas of mutual interest.

"The Iraqi side has undertaken to use Iranian experts and contractors for the execution of that country's infrastructural projects which should be specified through earlier coordination with Iran," he said.

For his part, the Iraqi finance minister reminded that the agreement followed the rather lengthy negotiations between the two countries' heads of state, and added, "No doubt, the two sides' negotiations would not have reached a conclusion if it were not for the strong support of the Iranian and Iraqi senior officials."

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http://english.farsnews.com/newstext.php?nn=8510090178

They can now deal with the right Al Sadr.