NO. 42


Financial and Banking News

Loans & Issues

Iraq and France Sign Second Rescheduling Agreement

France has agreed to reschedule an estimated $875mn owed by Iraq and due forrepayment during 1990. An agreement was signed in Paris in mid-July followingdiscussions led by Iraqi Deputy Prime Minister Sa'dun Hamadi and the FrenchPrime Minister Michel Rocard. No details of the agreement have been released,but it is understood to be similar in structure to the agreement to...