Iraqi defense ministry said Serbia had agreed to write off $3 billion in Iraq's foreign debt.
Serbia's move comes after an international conference last week in Kuwait at which Prime Minister Nouri al-Maliki and Secretary of State Condoleezza Rice unsuccessfully pressed Saudi Arabia and other Gulf states to forgive Iraq's debts as a sign of support for Iraq's government.
Iraq harbors at least $67 billion in foreign debt, the vast majority of it owed to Saudi Arabia, Kuwait, the United Arab Emirates and Qatar.
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