[lbo-talk] Russia agrees Afghan debt relief

uvj at vsnl.com uvj at vsnl.com
Tue Aug 7 14:46:22 PDT 2007


BBC News http://news.bbc.co.uk/

Last Updated: Monday, 6 August 2007

Russia agrees Afghan debt relief http://news.bbc.co.uk/2/hi/business/6933643.stm

[Russia says it wants to see a stable Afghanistan]

Russia has written off the bulk of Afghanistan's Soviet-era debt, heralding a new period of co-operation between the two countries.

At a ceremony in Moscow, Russia cancelled about $10bn (£4.9bn) in bilateral debt, equivalent to 90% of outstanding Afghan obligations.

The debt dates back to the Soviet Union's occupation of Afghanistan between 1979 and 1989. http://news.bbc.co.uk/2/hi/business/6933643.stm



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