U.S. Deputy Treasury Secretary Robert Kimmitt said last week at the International Compact with Iraq, held in Stockholm, Sweden, that Arab states hold a "significant majority" of the Iraqi debt.

CNN: UAE may be first Arab nation to restore full ties with Iraq

We will continue to help you secure the international assistance and investment you need to create jobs and opportunity, working with the United Nations and through the International Compact with Iraq endorsed here in New York yesterday.

NPR: Bush Addresses U.N. on Peace in Middle East