Japan pledges $750 mn for Iraq’s development
November 23rd, 2011 - 10:27 am ICT by IANSTokyo, Nov 23 (IANS) Japanese Prime Minister Yoshihiko Noda has said that his government will assist the ongoing development of Iraq by contributing 67 billion yen (around $750 million).
The fund will be used for updating two oil refineries as well as other infrastructural projects, Xinhua reported.
During talks held Tuesday with Iraqi Prime Minister Nouri al-Maliki, Noda said he was pleased Japan could help in Iraq’s development.
“We are proud of having contributed to the development of Iraq through loans and technical cooperation,” the Japanese prime minister said.
Al-Maliki was on a four-day visit to Japan that ends Wednesday.
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Tags: infrastructural projects, iraq, japan, japanese prime minister, loans, noda, nouri al maliki, oil refineries, ongoing development, prime minister nouri al maliki, technical cooperation, tokyo, xinhua, yen