Bush dispatches Baker to Middle East

Published January 20, 2004

WASHINGTON, Jan 19: US President George Bush on Monday dispatched his special envoy on Iraq debt, James Baker, to Qatar, the United Arab Emirates, Kuwait and Saudi Arabia for a new round of debt-reduction talks.

White House spokesman Scott McClellan said Mr Baker would visit the nations from Monday to Thursday. He will also meet US-backed Iraqi leaders, though not in Baghdad.

The United States sees freeing Iraq of its estimated 120 billion dollars foreign debt burden as key to helping revive the economy. In recent weeks, Mr Bush has sent James Baker, a former secretary of state, to major creditor nations in Europe and Asia to try to reach an international agreement.

Iraq is the most heavily indebted country in the world in terms of its population. Mr Baker has already secured pledges from major creditors, such as Germany, France and Japan, to reduce Iraq's debt.

His objective is to get similar support during his visit to Gulf countries, to which Iraq owes more than 45 billion dollars. Analysts say Saudi Arabia is key to finding a deal to ease Iraq's debt and support economic recovery.-Reuters

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...