I would like to set the record straight regarding the allegations concerning Tunisia in The Post's article "Gulf's First Weapon of Choice Is a Round of Gift-Giving" {Oct. 30}.

The article mentioned that "according to Kuwaiti officials, whose government has lent millions of dollars to the generally pro-Western country, Tunisia's leaders were promised by the Iraqis soon after they invaded and annexed Kuwait that these debts would be forgiven by the new, Iraqi-imposed government." Such allegations are malicious and unfounded. No such promises have ever been sought by or made to Tunisia. Tunisia is current on its repayment of principal and interest to all its creditors. Its credit-worthiness is highest in the region.

Tunisia's position on the Gulf crisis is founded on principles -- not deals or bargains. Tunisia is in keeping with the principles and objectives of the charters of the United Nations and the League of Arab States.

In this regard, on Aug. 3 Tunisia was among the first to call for the withdrawal of Iraqi troops from Kuwait. It voted in favor of the resolution adopted by the Arab League foreign ministers that decided "to condemn the Iraqi aggression against Kuwait, refuse all results which follow from this and refuse to recognize its consequences."

Tunisia finds the holding of foreign nationals as hostages unacceptable and has repeatedly called for their immediate and unconditional release. Tunisia considers itself bound by U.N. Security Council Resolution 661 on the embargo and is in full compliance with it. The government of Tunisia has supported and continues to support all resolutions adopted by the U.N. Security Council regarding the Gulf crisis. The Tunisian Embassy in Kuwait remains open. The crown prince of Kuwait visited Tunisia and was received with full honors.

Tunisia seeks a peaceful settlement of the crisis and is doing its best to contribute to that end.

ABDELAZIZ HAMZAOUI Ambassador of Tunisia Washington