VOL. XXXI
NO. 48
5-SEPTEMBER-1988
Financial and Banking News
LOANS AND ISSUES
Japan Releases Credits for Iraq
Japan has agreed to release a number of credits for Iraq, according to an agreement signed last month. The credits comprise the unused portion of two major trade protocols signed during the 1970s. The first protocol, signed in August 1974, comprised a 74.5bn 25-year government loan with 7 years grace and 4.0% interest, together with a 223.5bn EXIM Bank credit facility for 10 years with 2...
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