>> Login Sostenitori :              | 
header-1

RSS 2.0
China cancels 80% of Iraq debt
Stampa
  Text size
BAGHDADChina has agreed to cancel 80 percent of the 8.5-billion-dollar debt it is owed by Iraq, the finance ministry in Baghdad said in an official statement on Tuesday.

It said a bilateral agreement was signed in Beijing, without specifying the date, and that China's ambassador to Iraq had met officials in Baghdad to confirm the agreement.

The statement added that the two countries entered into trade deals valued at 3.8 billion dollars in 2009.

In Beijing, foreign ministry spokesman Ma Zhaoxu told AFP "China and Iraq have reached an agreement not long ago... to substantially cancel the debts Iraq owes to Chinese companies."

"China has long been assisting Iraq to realise stability and development by offering aid, cutting debts and helping its economic restoration," he said in a faxed statement.

Beijing "exempted in 2007 all the debts Iraq owed to the Chinese government," the statement added, without giving specific figures.

State-owned Chinese oil firm CNPC has clinched some of the biggest deals in the Iraqi oil sector since the US-led invasion that toppled Saddam Hussein in 2003.

It was the leading member of a successful consortium bidding for the Halfaya field in southern Iraq in December.

The Chinese firm had already signed a deal last year, along with Britain's BP, to ramp up production at Iraq's biggest oil field, Rumaila.

Those two deals are in addition to a contract signed in 2008 by CNPC to develop another oil field south of Baghdad, giving it a major presence among foreign energy firms operating in the conflict-wracked country

Source >  Yahoo News


Home  >  Worldwide                                                                               Back to top


 

Libreria Ritorno al Reale

EFFEDIEFFESHOP.com
La libreria on-line di EFFEDIEFFE: una selezione di oltre 1300 testi, molti introvabili, in linea con lo spirito editoriale che ci contraddistingue.

Servizi online EFFEDIEFFE.com

Archivio EFFEDIEFFE : Cerca nell'archivio
EFFEDIEFFE tutti i nostri articoli dal
2004 in poi.

Lettere alla redazione : Scrivi a
EFFEDIEFFE.com

Iscriviti alla Newsletter : Resta
aggiornato con gli eventi e le novita'
editorali EFFEDIEFFE

Chi Siamo : Per conoscere la nostra missione, la fede e gli ideali che animano il nostro lavoro.



Redazione : Conoscete tutti i collaboratori EFFEDIEFFE.com

Contatta EFFEDIEFFE : Come
raggiungerci e come contattarci
per telefono e email.

RSS : Rimani aggiornato con i nostri Web feeds

effedieffe Il sito www.effedieffe.com.non è un "prodotto editoriale diffuso al pubblico con periodicità regolare e contraddistinto da una testata", come richiede la legge numero 62 del 7 marzo 2001. Gli aggiornamenti vengono effettuati senza alcuna scadenza fissa e/o periodicità