Iran gives $1b in credit to rebuild Iraq

Posted by Robert on May 2, 2007 8:08 AM

Winning hearts and minds. From [1] GulfNews, with thanks to Sr. Soph:

Tehran: Iran has extended $1 billion in credits for reconstruction projects in Iraq, a senior Iranian official said on Tuesday ahead of an international conference on stabilizing Iraq.

Ali Larijani, Iran's top nuclear negotiator, said a committee of experts from both countries was discussing possible development projects, including some involving energy, the state-run news agency IRNA reported.

"We are prepared for implementation of economic projects in Iraq. For this purpose, we have allocated $1 billion in credit," IRNA quoted Larijani as saying.

His comments came two days before Iran joins the United States, European powers and Arab countries at a conference in Egypt to discuss a plan for stabilizing Iraq.


Article printed from Jihad Watch: http://www.jihadwatch.org/2007/05/iran-gives-1b-in-credit-to-rebuild-iraq.html

URLs in this post:
[1] http://www.gulfnews.com/region/Iran/10122372.html