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Monday, 26 September 2005

RUSSIA FAILS TO AGREE ON DEBT SETTLEMENT WITH AFGHANISTAN

Published in News Digest

By empty (9/26/2005 issue of the CACI Analyst)

Russian Finance Minister Alexei Kudrin has met his Afghan opposite number to discuss the settlement of Afghanistan\'s debts to Russia. He told a news conference in Washington that the debt amounts to about $10 billion and is not serviced in any way. \"We are engaged in complex negotiations on restructuring and partly writing it off,\" he said.
Russian Finance Minister Alexei Kudrin has met his Afghan opposite number to discuss the settlement of Afghanistan\'s debts to Russia. He told a news conference in Washington that the debt amounts to about $10 billion and is not serviced in any way. \"We are engaged in complex negotiations on restructuring and partly writing it off,\" he said. He said \"a solution was not found\" during the last round of consultations. Asked whether Afghanistan is capable of starting debt payments Kudrin said Kabul is considering the possibility \"but on certain conditions.\" He said he would also meet the finance ministers of Iran and Iraq. He said primarily technical questions of writing off debts would be discussed with the Iraqi minister. (Interfax)
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