US administrator in Iraq Paul Bremer shakes hands with Iraq's interim President Ghazi al-Yawar at the official handover ceremony in Baghdad. (Reuters)

Howard welcomes early Iraq power transfer

Prime Minister John Howard has described the handover of power to Iraqi authorities as an historic moment in Iraq's history.

"I very much welcome the bringing forward of the handover," Mr Howard said. "It was a sensible thing to do given the security position.

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