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G7 Calls for Adoption of UN Resolution on Post-War Iraq

Written: 2003-04-13 00:00:00Updated: 0000-00-00 00:00:00

Finance officials from the seven richest industrialized countries have agreed to support a new U-N Security Council resolution as part of a global effort to rebuild Iraq. On Saturday, the Finance ministers of the G-7 also promised to begin talks on reducing Iraq's massive foreign debt burden. The presidents of the World Bank and the International Monetary Fund were also on hand at the meeting. The launching of talks on debt relief represents a victory for the Bush administration, which is pressing Russia, France and Germany to forgive a part of the debt, so a new Iraq government is not burdened with debts run up during Saddam Hussein

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