Identifier
Created
Classification
Origin
06THEHAGUE2424
2006-11-08 16:46:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy The Hague
Cable title:
INTERNATIONAL COMPACT WITH IRAQ -- DUTCH DO NOT
how-toVZCZCXYZ0016 PP RUEHWEB DE RUEHTC #2424 3121646 ZNR UUUUU ZZH P 081646Z NOV 06 FM AMEMBASSY THE HAGUE TO RUEHC/SECSTATE WASHDC PRIORITY 7375 INFO RUEHGB/AMEMBASSY BAGHDAD 0068 RUEATRS/DEPT OF TREASURY WASH DC
UNCLAS THE HAGUE 002424
SIPDIS
SENSITIVE
SIPDIS
STATE FOR EUR/UBI (REITER)
E.O. 12958: N/A
TAGS: IZ ECON EFIN NL
SUBJECT: INTERNATIONAL COMPACT WITH IRAQ -- DUTCH DO NOT
PLAN FURTHER DEBT RELIEF
REF: SECSTATE 181094
THIS MESSAGE IS SENSITIVE BUT UNCLASSIFIED. PLEASE HANDLE
ACCORDINGLY.
UNCLAS THE HAGUE 002424
SIPDIS
SENSITIVE
SIPDIS
STATE FOR EUR/UBI (REITER)
E.O. 12958: N/A
TAGS: IZ ECON EFIN NL
SUBJECT: INTERNATIONAL COMPACT WITH IRAQ -- DUTCH DO NOT
PLAN FURTHER DEBT RELIEF
REF: SECSTATE 181094
THIS MESSAGE IS SENSITIVE BUT UNCLASSIFIED. PLEASE HANDLE
ACCORDINGLY.
1. (U) Econoff delivered on November 8 reftel points
concerning further debt relief for the International Compact
with Iraq to Hans de Voogd, responsible for bilateral debt
relief, Dutch Ministry of Foreign Affairs, and Nicole Bollen,
Head of the Dutch Paris Club Delegation, Ministry of Finance.
2. (SBU) The Dutch officials said that the Netherlands would
not forgive more than 80% of their share of Iraq's debt.
Bollen said that 80% was "too much" but that the Dutch would
proceed as agreed to during the debt forgiveness
negotiations. The Dutch adhere to the principle of
sustainable debt, she added, and 80% forgiveness would be
"more than enough" to meet this objective.
3. (SBU) The Dutch officials noted that all of the debt owed
by Iraq to the Netherlands was commercial debt, not official
development assistance loans.
ARNALL
SIPDIS
SENSITIVE
SIPDIS
STATE FOR EUR/UBI (REITER)
E.O. 12958: N/A
TAGS: IZ ECON EFIN NL
SUBJECT: INTERNATIONAL COMPACT WITH IRAQ -- DUTCH DO NOT
PLAN FURTHER DEBT RELIEF
REF: SECSTATE 181094
THIS MESSAGE IS SENSITIVE BUT UNCLASSIFIED. PLEASE HANDLE
ACCORDINGLY.
1. (U) Econoff delivered on November 8 reftel points
concerning further debt relief for the International Compact
with Iraq to Hans de Voogd, responsible for bilateral debt
relief, Dutch Ministry of Foreign Affairs, and Nicole Bollen,
Head of the Dutch Paris Club Delegation, Ministry of Finance.
2. (SBU) The Dutch officials said that the Netherlands would
not forgive more than 80% of their share of Iraq's debt.
Bollen said that 80% was "too much" but that the Dutch would
proceed as agreed to during the debt forgiveness
negotiations. The Dutch adhere to the principle of
sustainable debt, she added, and 80% forgiveness would be
"more than enough" to meet this objective.
3. (SBU) The Dutch officials noted that all of the debt owed
by Iraq to the Netherlands was commercial debt, not official
development assistance loans.
ARNALL