Thursday, May 03, 2007
Iraq wins some debt relief at Sharm el-Sheikh
The first day of the two-day conference in the Red Sea resort of Sharm el-Sheikh is dedicated to the International Compact, a five-year plan to restore stability and economic prosperity through national reconciliation. But much of the attention is on whether the United States will abandon its longstanding reluctance to hold high-level talks with the Iranian and Syrian governments, as recommended by the Baker-Hamilton commission on Iraq last year.
In his opening speech to the two days of meetings in Egypt, Iraqi Prime Minister Nouri al-Maliki appealed for debt relief. "We call on everybody participating in this conference to write off the accumulated debts of Iraq," he said. Iraq sits on the world's third-largest proven crude oil reserves but is struggling to rebuild after four years of war.
Iraqi Finance Minister Bayan Jabor said the three Eastern European countries -- Slovenia, Bulgaria and Poland -- would agree to forgive 80 percent of Iraqi debt but did not say how much that would be. He said the European Union would grant Iraq $200 million, and he expected grants from some Asian countries as well. But James Dobbins, an analysts at the RAND Corporation, said debt relief was of secondary importance because the Iraqis are not paying off the money they owed anyway.
"It is a purely paper transaction. It's symbolic but it doesn't have any immediate effect," he said. Jabor said that Iraq had rejected as unacceptable an offer from Russia to forgive the debt it is owed by Baghdad in return for access to a major Iraqi oilfield. "The Russians are hesitant. They want investment in the Rumaila oilfield in return for eliminating the debt," he said. When Saudi Arabia announced last month that it was writing off 80 percent of the more than $15 billion it was owed by Iraq, Jabor estimated his country's debt at $140 billion.
Labels: Bayan Jabor, Bulgaria, debt relief, Egypt, International Compact with Iraq, Poland, Rumaila field, Russia, Sharm al-Sheikh Conference, Slovenia
Wednesday, May 02, 2007
Top diplomats arrive at Sharm el-Sheikh for Iraq conference
On her way to Egypt, US Secretary of State Condoleezza Rice said the onus was on Iraq's neighbours to show their commitment to ending the violence, warning that their own stability was at stake. Completing a shift in US policy, Rice was expected to talk to Syria and Iran, who have been accused by Washington of funding and abetting Iraq's Sunni insurgency and Shiite militias respectively. A rumoured meeting with her Iranian counterpart, Manouchehr Mottaki, would mark the first bilateral talks between the foes' top diplomats since the United States cut relations in 1980. However, Iran has yet to give an unequivocal sign it is ready for talks and Deputy Foreign Minister Mehdi Mostavafi said on Tuesday the conditions were not right for a "dialogue" with Rice at the conference.
In the run-up to the landmark conference, Western and regional leaders have hammered home the same message that Iraq's influential neighbours need to do their share. As preparatory consultations kicked off in Sharm el-Sheikh on Wednesday, Iraqi government spokesman Ali al-Dabbagh urged the international community to help rescue his country.
The Sharm el-Sheikh conference is the second attempt in two months to bring Iraq's neighbours together in a bid to reach a consensus on means of ending the carnage. In readiness for the 27 foreign ministers and 22 other delegations due to attend the talks, Egyptian police threw up a tight security cordon around the resort.
Rice was expected to arrive in Egypt later Wednesday. She was due to go straight into preliminary talks with Iraqi Prime Minister Nuri al-Maliki and other officials.
The two-day conference starts in earnest on Thursday with the launch of the International Compact with Iraq (ICI), an initiative providing a framework for Iraq's security and economic development. US Treasury Deputy Secretary Robert Kimmitt said the talks would seek to achieve further debt relief for Iraq's embattled economy and set clear benchmarks for its increased integration. But he remained cautious on the results that could be expected from the talks.
Labels: Condoleezza Rice, International Compact with Iraq, Iraq, Manouchehr Mottaki, Sharm al-Sheikh Conference
Tuesday, May 01, 2007
Iraqi govt has high hopes for International Pact
The outcome of a World Bank-backed joint Iraq-UN initiative, the pact was discussed by Iraqi Prime Minister Nouri al-Maliki with UN Secretary General Ban Ki-Moon during a visit to Baghdad last month. Kuwait hosted the high-level preparatory meeting on the international pact with Iraq on October 31, 2006, which was attended by representatives of 14 Arab and foreign countries, as well as international organizations.
The pact, which envisages a period of five years for re-building the war-scarred Iraq, was promoted by the UN chief who invited 100 countries and international finance organizations to contribute. Iraqi officials' statements ahead of the two meetings affirm a genuine inclination to break the political and economic isolation of their country.
The Iraqi government hopes "this pact will act as a roadmap towards (restoring) Iraq's stability and turn it into a secure federal, democratic and united country that depends on market economy," Iraqi Deputy Premier Dr. Burham Saleh said. Iraqi Foreign Minister Hoshyar Zibari said Iraq, during the two forthcoming conferences, will put participating countries before their responsibilities in order to stop the deterioration of security in Iraq and to contribute to its reconstruction and economy.
On the energy sector, Saleh said "the government has ambitious programs to increase oil production from the 2.4 million barrels per day (bpd) at present to 4.2 million bpd in 2010 and 6 million bpd in 2012. The government will take steps to improve the investment climate and develop the private sector to prepare for merging Iraq into the regional and world economies," said Iraqi deputy prime minister.
The idea of the pact involves commitments on the part of Iraq to develop a secure country that is effective in its regional and international environs and a "rational government" that will democratically represent all Iraqis." The Iraqi five-year plan hopes to attain an economic growth rate of 15.4 percent in 2007, compared to only 3 percent last year, and to enhance the country's oil exports to reach 3.5 million bpd by 2011, which would help double the annual revenue to approximately 50 billion dollars.
Labels: Dr. Burham Saleh, Hoshyar Zibari, International Pact with Iraq, Sharm al-Sheikh Conference
Egypt to call for cease-fire in Iraq at Sharm el-Sheikh conference
Egypt is trying to include the cease-fire call in resolutions for a two-day conference starting Thursday, according to a copy of the draft resolutions obtained by The Associated Press. Egypt is hosting the meeting in the Red Sea resort of Sharm el-Sheik with the aim of uniting countries behind a plan to stabilize Iraq. It is expected to bring together Secretary of State Condoleezza Rice, officials from Iran, Russia, China, Europe and Arab nations.
Under the Egyptian proposal, the participants would "call on all parties to implement a cease-fire for an initial period of three months to allow for a conducive environment to help foster the political process and national accord," according to the draft resolutions. It did not elaborate on how insurgents could be brought on board for a cease-fire. An Iraqi official close to diplomatic discussions of the resolutions said the Egyptian proposal was a nonstarter. "This is not a good idea. How can we have a cease-fire with terrorists?" said the Iraqi diplomat, who spoke on condition of anonymity because of the sensitivity of the discussions.
Although the United States has been pushing al-Maliki to reach out for Sunni Arabs, it is highly unlikely to back a cease-fire with insurgents who are battling U.S. forces as well as Iraqi troops.
Labels: cease-fire, Egypt, Iraq, Sharm al-Sheikh Conference
Monday, April 30, 2007
Allawi to attend Sharm el-Sheikh conference
Allawi arrived in Cairo on Saturday to discuss Iraqi affairs with Egyptian officials, just as the Middle East News Agency reported that he planned to attend the May 3-4 conference. Allawi is believed to have Cairo's support, but it is unclear if the Egyptian government invited him to the conference. MENA also reported that al-Maliki will head the Iraqi delegation to the upcoming meeting, citing Saad Mohammed Ridha, the head of Iraq's diplomatic mission in Cairo.
Allawi, while Shiite through family history, rejects mixing religion and government and says Iraq can only survive through reconciliation with Sunni Muslims. He was installed as Iraq's first post-Saddam prime minister and ran the country from June 2004 until his party was routed by religious Shiite parties in the January 2005 election. Al-Maliki is said to fear rising support among U.S.-allied Egypt, Saudi Arabia and Jordan for an Iraqi national unity government led by Allawi, a favorite of Washington.
At next week's conference, Arab countries will demand that al-Maliki's government do more to reach out to disgruntled Sunni Arabs before they pledge substantial aid to the country, according to a document obtained several days ago by The Associated Press.
On the first day of the conference, officials will unveil the International Compact with Iraq, a five-year plan aimed at strengthening the role of international organizations to stabilize the country's politics and economy.
The second day's meetings will be attended by Iraq's neighbors and the five permanent members of the U.N. Security Council - the United States, Russia, China, France and Britain.
Labels: Egypt, International Compact with Iraq, Iyad Allawi, Nouri Al-Maliki, Saad Mohammed Ridha, Sharm al-Sheikh Conference
Iran agrees to participate in Sharm el-Sheikh Iraq conference
Al-Maliki's national security adviser, Mowaffak al-Rubaie, said Sunday that the U.S. has not provided Iraq with any "solid evidence" that Iran is arming fighters in Iraq. Secretary of State Condoleezza Rice is also expected to attend the Iraq conference in the Egyptian resort of Sharm El-Sheik on Thursday and Friday, raising the possibility of a rare direct encounter between high-level U.S. and Iranian officials. In Washington, Rice would not rule out a meeting with the Iranians, whose delegation will be led by Foreign Minister Manouchehr Mottaki.
Iraqi leaders had been pressing for the Iranians to attend the meeting in Sharm el-Sheik for weeks, but Iran refused to commit, in part because of fears that it would come under pressure from the U.S. and others about its nuclear program. In addition, the Iranians have been lobbying for release of five Iranians held by the U.S. in Iraq since January. The U.S. has accused the five of links to an Iranian Revolutionary Guard unit that arms and trains Shiite extremists in Iraq and elsewhere in the Middle East.
The decision to attend "came after consultations between Iraqi officials and the Iranian president," Foreign Ministry spokesman Mohammad Ali Hosseini said in an interview with Iranian state television. Senior Iranian envoy Ali Larijani flew to Baghdad on Sunday for talks with al-Maliki and other senior Iraqi officials, the highest-ranking Iranian official to visit Iraq since the collapse of Saddam Hussein's regime in 2003. During their meeting, Larijani told al-Maliki that all countries that want stability in the region "have no choice but to support Iraq's elected government."
Iraq's other neighbors as well as Egypt, Bahrain and representatives of the five permanent U.N. Security Council members have also agreed to attend the meeting. Apart from security issues, the U.S. and Iraq hope the conference will produce an agreement to forgive Iraq's huge debts and offer financial assistance in return for an Iraqi pledge to implement political and economic reforms.
But Iraq's Arab neighbors are expected to demand that the Baghdad government, dominated by Shiites and Kurds, do more to reach out to its own disgruntled Sunni Arabs before they pledge substantial aid. On Sunday, President Bush called Iraq's Sunni vice president, Tariq al-Hashimi, to discuss the importance of the reconciliation process and the need for all Iraqi parties to work together to stabilize the country, according to Gordon Johndroe, a spokesman for the White House National Security Council.
The Iraqis, for their part, were anxious for the Iranians to attend to give them leverage against their Sunni-dominated neighbors and to help press their case that Sunni extremists, including al-Qaida, pose the gravest threat to stability.
Labels: Adviser Mowaffaq al-Rubaie, Ali Larijani, Condoleezza Rice, Iran, Manouchehr Mottaki, Mohammad Ali Hosseini, Nouri Al-Maliki, Sharm al-Sheikh Conference
Monday, April 23, 2007
Turkmeneli Party calls for Sharm el-Sheikh conference to declare Kirkuk autonomous
Labels: Article 140, Kirkuk, Sharm al-Sheikh Conference, Turkmeneli Party, Turkomen