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Viewing cable 06THEHAGUE2424, INTERNATIONAL COMPACT WITH IRAQ -- DUTCH DO NOT

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Reference ID Created Released Classification Origin
06THEHAGUE2424 2006-11-08 16:46 2011-08-24 16:30 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy The Hague 
VZCZCXYZ0016
PP RUEHWEB

DE RUEHTC #2424 3121646
ZNR UUUUU ZZH
P 081646Z NOV 06
FM AMEMBASSY THE HAGUE
TO RUEHC/SECSTATE WASHDC PRIORITY 7375
INFO RUEHGB/AMEMBASSY BAGHDAD 0068
RUEATRS/DEPT OF TREASURY WASH DC
 
UNCLAS THE HAGUE 002424 
 
SIPDIS 
 
SENSITIVE 
SIPDIS 
 
STATE FOR EUR/UBI (REITER) 
 
E.O. 12958: N/A 
TAGS: IZ ECON EFIN NL
SUBJECT: INTERNATIONAL COMPACT WITH IRAQ -- DUTCH DO NOT 
PLAN FURTHER DEBT RELIEF 
 
REF: SECSTATE 181094 
 
THIS MESSAGE IS SENSITIVE BUT UNCLASSIFIED. PLEASE HANDLE 
ACCORDINGLY. 
 
1. (U) Econoff delivered on November 8 reftel points 
concerning further debt relief for the International Compact 
with Iraq to Hans de Voogd, responsible for bilateral debt 
relief, Dutch Ministry of Foreign Affairs, and Nicole Bollen, 
Head of the Dutch Paris Club Delegation, Ministry of Finance. 
 
2. (SBU) The Dutch officials said that the Netherlands would 
not forgive more than 80% of their share of Iraq's debt. 
Bollen said that 80% was "too much" but that the Dutch would 
proceed as agreed to during the debt forgiveness 
negotiations. The Dutch adhere to the principle of 
sustainable debt, she added, and 80% forgiveness would be 
"more than enough" to meet this objective. 
 
3. (SBU) The Dutch officials noted that all of the debt owed 
by Iraq to the Netherlands was commercial debt, not official 
development assistance loans. 
ARNALL