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Digital Archive International History Declassified

December 12, 1978

TELEGRAM 067.069 FROM THE ROMANIAN EMBASSY IN PYONGYANG TO THE ROMANIAN MINISTRY OF FOREIGN AFFAIRS

This document was made possible with support from the ROK Ministry of Unification, Leon Levy Foundation

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    The Iraqi government agrees to grant the DPRK an interest-free loan worth $50 million.
    "TELEGRAM 067.069 from the Romanian Embassy in Pyongyang to the Romanian Ministry of Foreign Affairs," December 12, 1978, History and Public Policy Program Digital Archive, AMAE, Folder 784/1978, Issue 220: Features of political-diplomatic relations between the Democratic People's Republic of Korea and some countries in Europe, Asia, Africa, America (Cyprus, Spain, USA, Bangladesh, Philippines, India, Indonesia, Japan, Pakistan, Sri Lanka, Central African Republic, Egypt, Gabon, Iraq, Iran, Libya, Nigeria, Mozambique, Syria) January 7, 1978 – September 23, 1978. Obtained and translated for NKIDP by Eliza Gheorghe. https://digitalarchive.wilsoncenter.org/document/116428
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TELEGRAM 067.069

To: the Romanian Ministry of Foreign Affairs (First and Fourth Directorate)

From: the Romanian Embassy in Pyongyang

Date: December 12th, 1978

Classification: Secret

In a recent conversation with Victor Nanu, M. B. Izzat, the Iraqi Embassy counselor, said that on the occasion of the [North] Korean party and government delegation’s visit to Baghdad, led by Pak Seong-cheol, the DPRK Vice-President, which took place on July 11-18, 1978, at the request of the Koreans, it was agreed that the Iraqi government grants the DPRK an interest-free loan worth $50 million.

$25 million is going to be transferred to North Korea on January 1st 1979 and $25 million on January 1st 1980. The loan will be repaid after 1985.

Signed

Paul Marinescu