Identifier
Created
Classification
Origin
04ABUDHABI4127
2004-11-21 12:05:00
CONFIDENTIAL
Embassy Abu Dhabi
Cable title:
IRAQI DEBT REDUCTION AND THE SHARM EL-SHEIKH
how-tonull Diana T Fritz 02/05/2007 04:42:07 PM From DB/Inbox: Search Results Cable Text: C O N F I D E N T I A L ABU DHABI 04127 SIPDIS CXABU: ACTION: ECON INFO: DCM POL FCS P/M AMB DISSEMINATION: ECON CHARGE: PROG APPROVED: AMB:MSISON DRAFTED: ECON:OJOHN CLEARED: DCM:RALBRIGHT, POL:JMAYBURY VZCZCADI497 OO RUEHC RUEATRS RUEHFR RUEHGB RUEHEG DE RUEHAD #4127 3261205 ZNY CCCCC ZZH O 211205Z NOV 04 FM AMEMBASSY ABU DHABI TO RUEHC/SECSTATE WASHDC IMMEDIATE 6810 INFO RUEATRS/DEPT OF TREASURY WASHINGTON DC PRIORITY RUEHFR/AMEMBASSY PARIS PRIORITY 0899 RUEHGB/AMEMBASSY BAGHDAD 0022 RUEHEG/AMEMBASSY CAIRO 0331
C O N F I D E N T I A L ABU DHABI 004127
SIPDIS
DEPARTMENT FOR NEA AND EB/IFD/OMA
E.O. 12958: DECL ON 11/21/14
TAGS: EFIN ECON IZ TC
SUBJECT: IRAQI DEBT REDUCTION AND THE SHARM EL-SHEIKH
CONFERENCE
REF: A) CAIRO 8460, B) STATE 238110
(U) Classified by Ambassador Michele J.. Sison for reasons
1.4 (b & d).
C O N F I D E N T I A L ABU DHABI 004127
SIPDIS
DEPARTMENT FOR NEA AND EB/IFD/OMA
E.O. 12958: DECL ON 11/21/14
TAGS: EFIN ECON IZ TC
SUBJECT: IRAQI DEBT REDUCTION AND THE SHARM EL-SHEIKH
CONFERENCE
REF: A) CAIRO 8460, B) STATE 238110
(U) Classified by Ambassador Michele J.. Sison for reasons
1.4 (b & d).
1. (U) This is an action request. See paragraph 4.
2. (C) Ambassador delivered ref B demarche encouraging the
UAE to commit publicly to extending Iraq debt reduction
terms at least comparable to those negotiated between the
Paris Club and the IIG to MFA U/S Abdullah Rashid Al-Noaimi
on November 20, the first day the UAEG reopened after a
two-week shutdown, due to the death of Sheikh Zayed. Al-
Noaimi said that he did not think that the UAE would do
"any less than the Paris Club was doing." He asked that
the USG provide the UAEG with draft language that it could
use in a public statement and information on debt owed to
Paris Club and non-Paris Club creditors and on commitments
made by other creditors to reduce debt. He reiterated that
he did not think the UAE would do less than other
creditors, because the UAE wanted to help the Iraqis.
3. (C) Al-Noaimi confirmed that the Iraqis had asked to
meet with the UAE Ministry of Finance to talk about debt
issues. He also confirmed that the debts were owed to the
Emirate of Abu Dhabi, rather than to the Federal
Government.
4. (C) Action request. The UAEG understands that we are
asking them to publicly demonstrate their support for deep
debt relief and commit to providing comparable terms to a
Paris Club deal, however they are asking for language that
they can use in making a public statement. In addition,
please provide any information that can be provided on the
amount of debts owed to other creditors and any information
on how they are treating that debt. End action request.
5. (U) Minimize considered.
Sison
SIPDIS
DEPARTMENT FOR NEA AND EB/IFD/OMA
E.O. 12958: DECL ON 11/21/14
TAGS: EFIN ECON IZ TC
SUBJECT: IRAQI DEBT REDUCTION AND THE SHARM EL-SHEIKH
CONFERENCE
REF: A) CAIRO 8460, B) STATE 238110
(U) Classified by Ambassador Michele J.. Sison for reasons
1.4 (b & d).
1. (U) This is an action request. See paragraph 4.
2. (C) Ambassador delivered ref B demarche encouraging the
UAE to commit publicly to extending Iraq debt reduction
terms at least comparable to those negotiated between the
Paris Club and the IIG to MFA U/S Abdullah Rashid Al-Noaimi
on November 20, the first day the UAEG reopened after a
two-week shutdown, due to the death of Sheikh Zayed. Al-
Noaimi said that he did not think that the UAE would do
"any less than the Paris Club was doing." He asked that
the USG provide the UAEG with draft language that it could
use in a public statement and information on debt owed to
Paris Club and non-Paris Club creditors and on commitments
made by other creditors to reduce debt. He reiterated that
he did not think the UAE would do less than other
creditors, because the UAE wanted to help the Iraqis.
3. (C) Al-Noaimi confirmed that the Iraqis had asked to
meet with the UAE Ministry of Finance to talk about debt
issues. He also confirmed that the debts were owed to the
Emirate of Abu Dhabi, rather than to the Federal
Government.
4. (C) Action request. The UAEG understands that we are
asking them to publicly demonstrate their support for deep
debt relief and commit to providing comparable terms to a
Paris Club deal, however they are asking for language that
they can use in making a public statement. In addition,
please provide any information that can be provided on the
amount of debts owed to other creditors and any information
on how they are treating that debt. End action request.
5. (U) Minimize considered.
Sison