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Viewing cable 06PRAGUE1401, CZECH REPUBLIC: UNLIKELY TO FORGIVE BEYOND 80% OF

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Reference ID Created Released Classification Origin
06PRAGUE1401 2006-11-09 12:35 2011-08-24 16:30 UNCLASSIFIED Embassy Prague 
VZCZCXYZ0000
PP RUEHWEB

DE RUEHPG #1401 3131235
ZNR UUUUU ZZH
P 091235Z NOV 06
FM AMEMBASSY PRAGUE
TO RUEHC/SECSTATE WASHDC PRIORITY 8227
INFO RUEHGB/AMEMBASSY BAGHDAD PRIORITY 0068
RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
 
UNCLAS PRAGUE 001401 
 
SIPDIS 
 
SIPDIS 
 
STATE FOR EUR/NCE, EB/IFD/OMA, NEA/I 
 
E.O. 12958: N/A 
TAGS: ECON EFIN EZ IZ
SUBJECT: CZECH REPUBLIC: UNLIKELY TO FORGIVE BEYOND 80% OF 
IRAQI DEBT 
 
REF: A. STATE 184738 
     B. STATE 181094 
     C. PRAGUE 1373 
     D. PRAGUE 1369 
 
The Ambassador delivered reftel A demarche to the Minister of 
Finance on November 1 and to the Minister of Foreign Affairs 
on November 3, and both Ministers replied they would consider 
it, as reported in reftels C & D.  The Ministry of Finance 
office handling this issue explained that while the GOCR had 
already agreed to forgive 80% of Iraq's sovereign external 
debt to the Czech Republic, it was not/not inclined to 
forgive the remaining 20% because the debt is military in 
nature and the GOCR does not wish to set a precedent in 
forgiving military debt. 
GRABER