Its a bit more qualified than that.
'debt relief support'
'would work to help reduce Iraq's debt burden'
i.e. the negotiations have yet to start.
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US gets Iraq debt relief support
The US has won agreement from France and Germany on the need to reduce Iraq's debt to help the country rebuild its battered economy.
Top US envoy James Baker met French President Jacques Chirac in Paris, and later had talks with German Chancellor Gerhard Schroeder in Berlin.
Both France and Germany said they would work to help reduce Iraq's debt burden.
The US believes that reconstruction may be made more difficult unless much of Iraq's $120bn debts are written off.
Mr Baker is due to meet heads of government in Russia, Italy and Britain later this week.
Co-operation
"The French and the US governments want to reduce the debt burden on Iraq so that its people can enjoy freedom and prosperity," said Mr Baker after his meeting with President Chirac in Paris.
Iraq's economy is shattered after the war
"It is important to reduce the Iraqi debt burden," he added.
A spokeswoman for President Chirac said they had agreed "on the importance of working together for the reconstruction of Iraq".
Later on Tuesday, Mr Baker secured Germany's backing for Iraqi debt relief from Chancellor Schroeder.
"Germany and the United States, like France, are ready not only for debt restructuring but also for substantial debt forgiveness toward Iraq," said a spokesman for Mr Schroeder.
http://news.bbc.co.uk/1/hi/business/3322073.stm
