China agrees on exemption of Iraqi debt

China and Iraq on Thursday signed four agreements in Beijing, including one about exemption of Iraqi debt, as Iraqi President Jalal Talabani pays his state visit to China.

Chinese President Hu Jintao and Talabani attended the signing ceremony of the agreements after they held one-hour talks in the Great Hall of People.

But no further information is available about how much Iraqi debt owed to China will be forgiven.

The other three agreements involve cooperation between the two foreign ministries, economic and technical cooperation, human resources training program.

Talabani arrived in Beijing Wednesday evening, starting the first China visit by a Iraqi president since the two countries forged diplomatic ties in 1958.

Source: Xinhua