President of United Arab Emirates agrees to cancel all Iraq 's debts to the UAE . Debt relief is a major issue for Iraq , and the United States has urged other nations to forgive Iraqi debt , most of which is held by Arab states , U.S. Deputy Treasury Secretary Robert Kimmitt said in late May . He has urged nations to forgive millions in Iraqi debt . UAE Cabinet nominates Sheikh Ibrahim al - Sabah to be ambassador to Iraq .
President of United Arab Emirates agrees to cancel all Iraq 's debts to the UAE . He has urged nations to forgive millions in Iraqi debt . UAE Cabinet nominates Sheikh Ibrahim al - Sabah to be ambassador to Iraq .