Asset Publisher

16 December 200315:43

RUSSIAN DEPUTY MINISTER OF FOREIGN AFFAIRS YURI FEDOTOV ANSWERS A QUESTION FROM INTERFAX NEWS AGENCY REGARDING SETTLEMENT OF IRAQI DEBTS TO RUSSIA

2901-16-12-2003

  • en-GB1 ru-RU1

Unofficial translation from Russian

Question: It is known that Iraq is Russia's large debtor. What are the ways to resolve this problem in the light of the situation in which Iraq currently is?

Answer: The Russian side wants to have the Iraqi debt settled on the basis of the mechanisms of the Paris Club. This is a present-day, civilized, universally adopted system for settling foreign debt problems.

Iraq is not a poorest country, and the mechanisms of the Paris Club are very flexible and envisage a tested set of measures for restructuring and easing debtor countries' debts.

December 16, 2003

Calendar

x
x

Archive

Advanced settings