NO. 6


Financial and Banking News

Loans and Issues

Japanese Trade with Iraq Restricted by Debt Problems

According to Japan's ambassador to Baghdad, Mr. Taizo Nakamura, problems overrescheduling Iraq's debts to Japanese corporate exporters is blocking any newcredits, and will therefore restrict the future volume of Japan's trade withIraq. At a press conference last week, Mr. Nakamura said that "negotiationshave been difficult and no agreement is within reach" concerning...