France offers 1.15 bln USD loan to Iraq for reconstruction
BAGHDAD, Jan. 14 (Xinhua) -- French Foreign Minister Jean-Yves Le Drian said on Monday that his government granted one billion euros (1.15 billion U.S. dollars) loan to Iraq to support reconstruction and stability efforts in the areas destroyed by the war against the extremist Islamic State (IS) militants.
"France has decided to allocate a loan of one billion euros to Iraq to contribute to the reconstruction and stabilization efforts in the country," Le Drian told a joint news conference with his Iraqi counterpart Mohammed al-Hakim.