VOL. XXXIII
NO. 3
23-OCTOBER-1989
Financial and Banking News
Loans and Issues
Talks on Iraqi Credits Stalled in UK and US
Talks between Iraq and the US and UK Governments over the extension of newofficial credits have reached an impasse. Iraq had asked for an extra $1bn inagricultural credits backed by the the US' Commodity Credit Corporation (CCC),but in preliminary negotiations with the US Department of Agriculture (USDA)the USDA offered only $400mn, compared with $1,037mn last year, citing the...
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