- BayBak, Voice of a Nation - http://www.en.baybak.com -
Terror deals: Turkey confirms 2003 agreement with the US
BayBak, Azerbaijan | 2148 days ago | Wednesday, 4th July , 2007 , 19:34 [pm] | Azerbaijan
|.|| Turkeyâ€™s Foreign Ministry publicized information on the financial loan agreement that was concluded with the US on September 22, 2003, APAâ€™s Turkey bureau reports.
The Foreign Ministry stated that the agreement contained items on allocating preferential
The Foreign Ministry stated that the agreement contained items on allocating preferential loan worth $ 8.5 billion to Turkey as support for economic reforms and granting $ 1 billion for compensating the damages of the Iraq.
â€œAccording to the agreement, the loan worth $ 1 billion was to be paid to Turkey in periodic installments. The special item in the document says that if Turkey carries out military intervention in northern Iraq, the US will refuse to pay the rest of the aid.
But Turkey refused economic assistance voluntarily after the above-said agreement was concluded, and the item of the agreement on economical assistance was suspended.
The agreement concluded between Turkey and the US on September 22, 2003 is not of commitment character. The Treasury Department publicized that time on Turkeyâ€™s refusal of financial compensation of the US in the sum of $ 1 billion,â€ the Ministry stated.apa, Voice of a Nation