[lbo-talk] Russia cancels 93% of Iraq's debt

uvj at vsnl.com uvj at vsnl.com
Wed Feb 13 07:48:16 PST 2008


Xinhua http://www.chinaview.cn/index.htm

Russia cancels 93% of Iraq's debt http://news.xinhuanet.com/english/2008-02/11/content_7589976.htm

www.chinaview.cn 2008-02-11

Special report: Tension escalates in Iraq

MOSCOW, Feb. 11 (Xinhua) -- Russian Finance Minister Alexei Kudrin said Monday the country has canceled 12 billion U.S. dollars of Iraq's debt, or 93 percent of the total amount it owes to Russia.

Kudrin and Iraqi Foreign Minister Hoshyar Zebari signed an agreement here on the debt cancellation, the Itar-Tass news agency reported. http://news.xinhuanet.com/english/2008-02/11/content_7589976.htm



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