Russia will write off the cube 90% of the debt
Russia will write off the cube 90% of the debt before the upcoming visit to the Peninsula of Vladimir Putin. This cancellation will be the most ambitious in the history of post-Soviet Russia.

Russia will write off the cube 90% of the debt before the upcoming visit to the Peninsula of Vladimir Putin. This cancellation will be the most ambitious in the history of post-Soviet Russia.
The Russian government submitted to the state Duma the draft law on ratification of intergovernmental agreements with Cuba, according to which Moscow will charge 90% of the debt of Havana. In the case of approval of the bill, Cuba will be forgiven 31,7 billion of total debt at 35.2 billion dollars.
Agreements themselves were signed in early October 2013. Those 10%who will not be charged by the Russian Federation, Cuba will repay for 10 years, equal semi-annual payments.
The intensive phase of negotiations on the withdrawal of Cuban debt accounted for 2013. To date the debt was about $ 32 billion, reports RBK daily. According to the version of the leaders of Russian Foreign Minister Sergei Lavrov, returned to Havana funds will be reinvested in the Cuban economy. "We consider the project to create the terrain of Cuba gruzopodemnogo international site with the participation of Russia and other countries", - stated he.
It is told that the withdrawal of Cuban debt will be the biggest act of economic retirement of debt in the history of post-Soviet Russia. Previously, the largest similar write-down was the agreement with Iraq. Then the Republic has written off 12 billion from 12.9 billion dollars. Only since 1996, Russia has written off the debts of the 23 States for the total required amount of about 100 billion dollars, without taking into account the forthcoming agreement with Cuba.
Russian President Vladimir Putin intends to go on a tour in the States of Latin America. One of the items on his tour will be a cube. In the course of visit will be discussed not only monetary relations, but also military-technical cooperation.