Egypt to press Iraq for $2 billion debt

By
March 9, 2009 11:01

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

A top Egyptian diplomat says Egypt will press Iraq to repay some $2 billion in debt incurred during the reign of deposed leader Saddam Hussein. Deputy Foreign Minister Abdel Rahman Salah says the debt issue will top the agenda of talks this week aimed at boosting bilateral ties. Salah says before Egypt reopens its diplomatic mission in Baghdad it would like to resolve the debt issue and increase exports. Cairo closed its mission in Baghdad in 2005 after its chief envoy was kidnapped and killed by al-Qaida. Iraq has at least $67 billion in foreign debt - most of it owed to fellow Arab countries Saudi Arabia and Kuwait. The United States has repeatedly urged Iraq's debtors for relief and to open embassies in the country.

Related Content

Israeli Prime minister Benjamin Netanyahu speaks during a news conference at the Ministry of Defense
July 15, 2018
Key Mossad docs confirm extent of Iranian nuke plan revealed by Netanyahu

By YONAH JEREMY BOB