France to lend Iraq 1 billion euros for reconstruction

Journal News

French Foreign Minister Jean-Yves Laudrian announced that his country had agreed to grant a one-billion-dollar loan to Iraq to contribute to the reconstruction of war-affected areas.

The statement came in the words of Ludran on Monday following the negotiations in Baghdad with his Iraqi counterpart Mohammed al-Hakim, according to the agency “Reuters”.

During his visit to Baghdad, Loudrian held two meetings with Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohamed Halboussi.

Abdel-Mahdi thanked France for the cancellation of debts owed by Iraq through the Paris Club, praising the importance of relations with Paris for Baghdad, and expressed the Iraqi government’s desire to expand cooperation with France.

Abdul Mahdi stressed that “the democratic experience in Iraq is strengthened and achieve progress for the benefit of all citizens,” calling for the construction of “balances that support moderation, middle and civic values.”

For his part, Ludran expressed Paris’ full support for Iraq and its government, stressing that France stands by his side in the reconstruction after his support in defeating “Dahesh.”

“Iraq has become a key player in stability and its policy is based on keeping away from conflicts and preserving its sovereignty and national decision,” he said. “France will go forward with the partnership and cooperation with Iraq and support the Iraqi government, which is leading the country successfully.”

The upcoming visit of French President Emmanuel Makron to Baghdad will be a confirmation of the support and development of friendly relations and cooperation between the two countries, he said.

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