Friday, May 20, 2016

Russia repaid the debt of the former USSR to Kuwait – RIA Novosti

20.05.2016

(updated: )

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MOSCOW, May 20 -. RIA Novosti Russia repaid the debt of the former USSR to Kuwait at $ 1.1 billion, as well as accrued interest on the $ 620 million, the Ministry of Finance said on Friday Russia

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“As a result of the inability of the former Soviet Union to fulfill obligations on the public external debt and the need for Russia new agreements with external creditors of the former Soviet Union on the restructuring of the Soviet debt May 30, 2006 an agreement was signed between the government of the Russian Federation and the state of Kuwait government for the settlement of the debt of the former USSR” , – said the Ministry

in accordance with the Agreement, the principal debt was redeemed in cash and interest -.. the supply of Russian high-tech products

The obligations to Kuwait, Russia emerged after attraction in 1991 the former Soviet Union loans for the execution of the current financial commitments and payments of “critical” imports.

at the moment, Russia has not yet repaid the financial obligations of the former Soviet Union to the Republic of Korea, Macedonia, and Bosnia and Herzegovina, the report says Ministry of Finance.

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