emitchell asked

Should Russia forgive the rest of the debt that Iraq accumulated during the Cold War, or is forgiving 65% of it enough?

'MOSCOW, Dec. 22 — Russia offered today to forgive about two-thirds of Iraq's $8 billion in debt, after officials of the Iraqi Governing Council signaled that Moscow would have the chance to revive oil contracts signed under Saddam Hussein, its ousted leader. Abdul Aziz al-Hakim, the head of the American-backed Governing Council, said talks with President Vladimir V. Putin led Russia to propose wiping away 65 percent of Iraq's Soviet-era debts to Moscow in return for Baghdad's favorable treatment of Russian oil and other companies.'

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