An international conference on Iraq, was held in Sharm El-Sheikh, Egypt, in May 2007, then a second was held in Istanbul, Turkey, in November of the same year, the third international meeting on Iraq, was held in Kuwait City on Tuesday 22nd ,2008.
Iraq called for increased help from neighbors in fighting militias and assistance in solving the issue of Iraqi debts. Unlike European countries after World War II ,the money well not help the national product rising nor the increase of industrial production in Iraq, instead it well end up at the corrupt politicians pockets from Nuri al-Maliki team or arm Almahdi militia in southern Iraq .
In 1990 Sadaam Hussein asked for debt forgiveness and when Kuwait said no , his army occupied and destroyed the country for seven months .
From Kuwait side Iraq shouldn’t expect any debt forgiveness , because ,Kuwaiti people still insists that Iraq pay compensation for damages from the 1991 Gulf War. It well be very difficult for Kuwait government to explain to its people the wisdom of not answering Sadamm's call then and forgiving Iraq now.
According to media sources Kuwaiti government is considering a partial cancellation of Iraq's outstanding debt , and Kuwaiti Foreign Minister Sheikh Mohammed Sabah al-Salem pointed out that the final decision lies with the UN Security Council. And of course he meant after the approval of Kuwait National Assembly, and that’s near imposable. Cause Kuwaiti people might conceder the to reduction of the rate of compensation from five percent of the revenues of Iraqi oil to four or three percent but not debt forgiveness cause Iraq well never fail to produce another Sadamm .