Kuwait balking at forgiving Iraq's $15 billion debt
The Associated PressPublished: April 24, 2007
KUWAIT CITY: Kuwait is balking at forgiving Iraq's US$15 billion debt, a key goal for the United States as a regional summit on Iraq nears, aides to the Iraqi prime minister said as he made a key visit to the tiny oil-rich state.
Neighboring Saudi Arabia has agreed to write off a large portion of Iraq's debt to it. But some Kuwaitis, still bitter about Saddam Hussein's invasion of their country nearly two decades ago, think Iraq — which also boasts large oil resources — should support itself.
During his visit to this U.S. ally, Iraqi Prime Minister Nouri al-Maliki met with David Satterfield, an adviser on Iraq to U.S. Secretary of State Condoleezza Rice, who told al-Maliki that Kuwait has not made a final decision on debt relief, according to an aide to the Iraqi leader.
In an effort to help Iraq get on its feet financially, the Bush administration is spearheading a drive to get other countries to follow the U.S. lead and write off their shares of Iraq's debts, most of which stem from the 1980-1988 war between Iraq and Iran.
The Kuwaiti government has pledged to forgive 80 percent of Iraq's debt, but the decision is subject to parliamentary approval. Many lawmakers oppose the move, arguing that Iraq also is an oil-rich country and should pay back the money.
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"Nobody in Kuwait approves" of the debt write-off, said Nabil al-Fadhl, a columnist for the newspaper Al-Watan. "This is huge money, it will be at the expense of development of our country."
Kuwaitis sympathize with the plight of their neighbors but are still "sensitive" about Saddam's invasion of their country in 1990, al-Fadhl added.
Ties between Kuwait and Iraq have resumed after the U.S.-led invasion of Iraq in 2003 and the fall of Saddam. But images of torture, executions and sabotaged oil wells during Iraq's seven-month occupation are difficult to erase from Kuwaitis' collective memory. A U.S.-led coalition liberated Kuwait in the 1991 Gulf War.
Al-Maliki told reporters Tuesday that he spoke about the debt with Kuwait's emir and prime minister, but said the matter was left up to the parliament.
"We hope that the National Assembly (parliament) will not stand against this huge debt (relief). The brothers in Kuwait are sympathetic, and God willing the National Assembly will be generous," al-Maliki said during a news conference.
Satterfield is on a regional tour to encourage financial support for Iraq from Arab governments, which have balked at showing strong support for al-Maliki's Shiite-led government.
Saudi Arabia's move to cancel 80 percent of the more than US$15 billion Iraq owes was the first sign of success in the U.S.-Iraqi campaign. Saudi Foreign Minister Saud al-Faisal confirmed the decision, and officials say final action is expected May 3-4 at the international conferences on Iraq to be held at Egypt's Red Sea resort of Sharm el-Sheik.
But in Kuwait, Foreign minister Sheik Mohammed Al Sabah said Tuesday it was up to the legislature to decide on debt relief, stressing that "Iraq's problem" was not its debts, but its security situation.
On Tuesday, al-Maliki also said that Kuwait plans to open an embassy in Iraq — its first diplomatic mission since Saddam's 1990 invasion.
"The Kuwaiti officials asked us for a safe place to open their embassy, and this will happen very soon," he said without elaborating.
In Cairo on Monday, al-Maliki said Egyptian President Hosni Mubarak promised him that a new ambassador to Iraq would appointed. Egypt hasn't had an envoy in Iraq since July 2005 when diplomat Ihab al-Sherif was kidnapped and killed. Al-Qaida said it killed him because Egypt intended to install a full ambassador in Iraq.
Al-Maliki also said the Iraqi government is considering about inviting Arab security chiefs for a conference whether in Baghdad or another Arab city "to discuss terrorism and al-Qaida."
No other details were given, but the conference would be separate from the Sharm conferences, which will be attended by Iraq's neighbors as well as Bahrain and Egypt, and the five permanent members of the U.N. Security Council — the United States, Russia, China, France and Britain
Kuwait balking at forgiving Iraq's $15 billion debt - International Herald Tribune
cmon cmon make up yer minds!