December 16, 2003

Baker Already Succeeding

It didn't take James Baker very long to find some success in reducing Iraq's debts. Also, the carrot-and-stick approach seems to be working. France is already willing to eliminate some of its debt in a deal put together next year. France wants to tie it to the establishment of a new Iraqi government. Since the plan is to shift sovereignty to them next summer, the U.S. and its diplomatic adversary are on the same page. On the rebuilding contracts front, the administration says its remains open to discussion.

"U.S., Germany, France Agree Iraq Needs Debt Relief"

"France Pledges to Help Reduce Iraq's Debt" [via OTB]