Iraq debts cancelled

The United Arab Emirates has cancelled billions of dollars of Iraqi debt and moved to restore a full diplomatic mission in Baghdad, evidence of Iraq’s improved security and growing acceptance of its Shiite-led government.

The United Arab Emirates has cancelled billions of dollars of Iraqi debt and moved to restore a full diplomatic mission in Baghdad, evidence of Iraq’s improved security and growing acceptance of its Shiite-led government.

The Abu Dhabi government announced the debt relief and the naming of a new ambassador to Baghdad shortly after Iraqi Prime Minister Nouri al-Maliki began a visit to the wealthy Gulf nation on Sunday.

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