Japan will provide Iraq with $3.5 billion in loans over the three years from 2005, which — along with a $1.5 billion grant for 2004 announced earlier — will bring total Japanese aid to Iraq to $5 billion, government sources said Saturday.
Foreign Minister Yoriko Kawaguchi is expected to announce the loans at a ministerial meeting of international donors to Iraq in Madrid on Friday, the sources said.
Kawaguchi will discuss Japan’s aid plan in individual talks with Paul Bremer, the U.S.-appointed civilian administrator of Iraq, Iyad Allawi, chairman of the U.S.-backed Iraqi Governing Council, and Spanish Foreign Minister Ana Palacio on the sidelines of the Madrid gathering.
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