Tuesday, November 08, 2005

Little Known Fact between Iraq and Japan

Little Known Fact between Iraq and Japan

This is another fact Americans will never know, perhaps, forever.

In a negotiation recently conducted between Iraq and Japan, Japan agreed to discharge Iraq from most of debts it owes to Japan.

Specifically Japan is to abandon 80 percent of its receivable, including delay damages, which totally amounts to $7.3 billion.

In December 2004, the U.S. agreed to provide full debt forgiveness for Iraq, the total amount of which was $4.1 billion.

We know that the U.S. military suffers 2000 dead in Iraq. No wealth can compensate it.

What we are worried about is that Americans might eventually wonder, not in serenity, what Iraq and Japan are doing nowadays while Japan is an allied partner by treaty.

"YOU WILL SEE MUCH GREATER THINGS THAN THIS !"