Chinese Finance Minister, Jin Renqing, says China will honour its promise of reconstruction aid totalling 25 million US dollars to Iraq as well as forgiving part of its debt.
Jin Renqing is currently attending the annual meeting of the World Bank Group and the International Monetary Fund, in Washington.
At the meeting, the Minister met with his Iraqi conterparts to discuss China's financial aid to Iraq, as well as their request for China to forgive part of Iraq's debt.
Jin Renqing said he was happy to see the progress being made towards Iraq's reconstruction.
"China and Iraq have a very friendly relationship. And developments in terms of providing aid to Iraq are going in the direction that all of us would like to see."
Jin Renqing also noted market forces must be taken into account in providing aid to Iraq.
Iraq's Finance Minister Ali Allawi expressed appreciation of China's support in their post-war reconstruction.
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