The <a href="https://en.wikipedia.org/wiki/Paris_Club" id="mwAXU" rel="mw:WikiLink" title="Paris Club">Paris Club</a> agrees to write off 80% (up to $100<span id="mwAXY" typeof="mw:Entity"> </span>billion) of <a href="https://en.wikipedia.org/wiki/Iraq" id="mwAXc" rel="mw:WikiLink" title="Iraq">Iraq</a>'s external debt.