Identifier
Created
Classification
Origin
07CAIRO2015
2007-07-02 10:43:00
CONFIDENTIAL
Embassy Cairo
Cable title:
AMBASSADOR URGES GOE TO PROVIDE DEBT RELIEF FOR
how-toVZCZCXRO0874 PP RUEHROV DE RUEHEG #2015 1831043 ZNY CCCCC ZZH P 021043Z JUL 07 FM AMEMBASSY CAIRO TO RUEHC/SECSTATE WASHDC PRIORITY 5898 RUEATRS/DEPT OF TREASURY WASHDC PRIORITY INFO RUEHXK/ARAB ISRAELI COLLECTIVE PRIORITY
C O N F I D E N T I A L CAIRO 002015
SIPDIS
SIPDIS
TREASURY FOR SAEED AND MATHIASON
NSC FOR WATERS
E.O. 12958: DECL: 06/30/2017
TAGS: EFIN ECON PREL IZ EG
SUBJECT: AMBASSADOR URGES GOE TO PROVIDE DEBT RELIEF FOR
IRAQ
REF: A. STATE 88875
B. CAIRO 1125
C. CAIRO 1188
D. CAIRO 1258
E. CAIRO 1822
Classified by Ambassador Francis J. Ricciardone for reasons
1.5 (b) and (d).
C O N F I D E N T I A L CAIRO 002015
SIPDIS
SIPDIS
TREASURY FOR SAEED AND MATHIASON
NSC FOR WATERS
E.O. 12958: DECL: 06/30/2017
TAGS: EFIN ECON PREL IZ EG
SUBJECT: AMBASSADOR URGES GOE TO PROVIDE DEBT RELIEF FOR
IRAQ
REF: A. STATE 88875
B. CAIRO 1125
C. CAIRO 1188
D. CAIRO 1258
E. CAIRO 1822
Classified by Ambassador Francis J. Ricciardone for reasons
1.5 (b) and (d).
1. (C) Meeting June 28 with Prime Minister Ahmed Nazif,
Ambassador urged the GOE to restart negotiations to provide
debt relief for Iraq and move toward fulfilling its
commitment under the International Compact on Iraq (ref A).
2. (C) Nazif responded that the GOE is still considering the
issue. "We need more proof from the Iraqi side that they
will abide by" their commitments, he said. Meanwhile, he
noted that the GOE is supporting the Iraqi government in
other ways such as welcoming the Iraqi PM and vice presidents
on visits to Cairo and placing 180 Iraqi students in Egyptian
schools and universities.
3. (C) The Sharm resolution, endorsed by the GOE and other
countries present at the conference, says that assistance
offered the GOI "may include the granting of debt relief to
Iraq by creditors at least on comparable terms to the Paris
Club..." The GOE never publicly committed to Paris Club
terms.
4. (C) COMMENT: The GOE has shown no enthusiasm for debt
relief to Iraq (refs B-E),despite the language in the
compact. A chief obstacle for the GOE is their desire for
the GOI to fully repay worker remittances, as opposed to 50
percent, offered in an exchange of letters between the GOI
and GOE before the Sharm conference.
RICCIARDONE
SIPDIS
SIPDIS
TREASURY FOR SAEED AND MATHIASON
NSC FOR WATERS
E.O. 12958: DECL: 06/30/2017
TAGS: EFIN ECON PREL IZ EG
SUBJECT: AMBASSADOR URGES GOE TO PROVIDE DEBT RELIEF FOR
IRAQ
REF: A. STATE 88875
B. CAIRO 1125
C. CAIRO 1188
D. CAIRO 1258
E. CAIRO 1822
Classified by Ambassador Francis J. Ricciardone for reasons
1.5 (b) and (d).
1. (C) Meeting June 28 with Prime Minister Ahmed Nazif,
Ambassador urged the GOE to restart negotiations to provide
debt relief for Iraq and move toward fulfilling its
commitment under the International Compact on Iraq (ref A).
2. (C) Nazif responded that the GOE is still considering the
issue. "We need more proof from the Iraqi side that they
will abide by" their commitments, he said. Meanwhile, he
noted that the GOE is supporting the Iraqi government in
other ways such as welcoming the Iraqi PM and vice presidents
on visits to Cairo and placing 180 Iraqi students in Egyptian
schools and universities.
3. (C) The Sharm resolution, endorsed by the GOE and other
countries present at the conference, says that assistance
offered the GOI "may include the granting of debt relief to
Iraq by creditors at least on comparable terms to the Paris
Club..." The GOE never publicly committed to Paris Club
terms.
4. (C) COMMENT: The GOE has shown no enthusiasm for debt
relief to Iraq (refs B-E),despite the language in the
compact. A chief obstacle for the GOE is their desire for
the GOI to fully repay worker remittances, as opposed to 50
percent, offered in an exchange of letters between the GOI
and GOE before the Sharm conference.
RICCIARDONE