The United Nations-sponsored International Compact for Iraq (ICI), which seeks to consolidate peace and pursue political, economic and social development, will be launched in Egypt early next month.

Secretary-General Ban Ki-moon said that he and Iraqi Prime Minister Nouri al-Maliki would attend the launch in Sharm el-Sheikh on 3 May.

The Compact is a five-year national plan that includes benchmarks and mutual commitments from both Iraq and the international community, all with the aim of helping Iraq on the path towards peace, sound governance and economic reconstruction.

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