U.S. Signs Bilateral Debt Agreement With Iraq
WASHINGTON - DECEMBER 17: Iraqi Minister of Finance Dr. Adil Abd al-Mahdi (2nd L), Secretary of State Colin Powell (3rd L) and Treasury Secretary John Snow (2nd R) sign a 100 percent debt forgiveness agreement at the Second Joint Economic Commission meeting in the State Department December 17, 2004 in Washington, DC. The agreement between the U.S. and Iraq cancels all of Iraq's 4.1 billion dollar debt owed to the U.S. (Photo by Joe Raedle/Getty Images)

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