Tuesday, October 21, 2003

The give, and the give nots

India will give 10 million dollars to help reconstruct Iraq, in addition to the 30 million they have already donated:

India has offered an additional 10 million U.S. dollars towards rebuilding Iraq, taking its total contribution to 40 million U.S. dollars, it was reported Tuesday.

Russia, on the other hand, will give nothing, although they are open to the idea of Russian companies making money in Iraq.

Russia is not planning any assistance to Iraq at this stage, but Russian companies are ready to invest in Iraq, Deputy Foreign Minister Yuri Fedotov said on Tuesday.

"We see no conditions at the moment for Russia's involvement in the rebuilding of Iraq as a donor," said Fedotov, who will head Russia's delegation to the Madrid Conference on the Reconstruction of Iraq, scheduled for Oct. 23-24.


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