To: ChinuSFO who wrote (11011 ) 3/31/2004 9:33:47 PM From: Brumar89 Respond to of 81568 Re. ..he will let foreign contractors.. - Bush announced the contract ban and sent Baker around to visit the big debtor nations who were balking on unsaddling Iraq from Saddam's weapons and palaces debt. Some of them subsequently changed their mind. Hardball the way its played in the big leagues.chinadaily.com.cn Germany, France agree to relieve Iraq debt Germany, France and the United States said on Tuesday they were prepared to offer substantial debt relief to Iraq after a visit to the two main opponents of the war in Iraq by U.S. special envoy James Baker. "Debt reduction is critical if the Iraqi people are to have any chance to build a free and prosperous Iraq," U.S. President Bush, French President Jacques Chirac and German Chancellor Gerhard Schroeder said in a joint statement. "Therefore, France, Germany and the United States agree that there should be substantial debt reduction for Iraq in the Paris Club in 2004, and will work closely with each other and with other countries to achieve this objective." .... In Washington, White House spokesman Scott McClellan said Bush had spoken to Baker about his meetings with Chirac and Schroeder. "We appreciate the commitments they made on the need to restructure and reduce the debt burden," he said. Washington has barred opponents of the U.S.-led invasion of Iraq, including France and Germany, from bidding for contracts worth about $18.6 billion. READY TO TALK ABOUT IRAQ CONTRACTS .... U.S. officials said Baker wanted to put across the message that France, Germany and Russia still have an opportunity to secure lucrative sub-contracts and the White House said it did not want to close off discussion of the issue. "We welcome the opportunity to discuss our decision with others if they want to talk about that. The president has made it very clear that those lines of communication would be open," McClellan said. ..... Earlier in Paris, after meeting Baker, Iraqi central bank governor Sinan al-Shabibi said he was encouraged by the level of unity among countries on the need to reduce Iraq's debts, adding he sensed "a high level of support" for debt relief. That's Bush exercising leadership(!), not being dictated to by other nations as the Clinton administration was and Kerry promises to be.