Georgia has repaid the fourth installment of its foreign debt to Azerbaijan. A Trend correspondent in Georgia has been informed by the Georgian Finance Ministry that so far Georgia has cleared $2.6mln of its $10mln state debt.
The state arrears are expected to be repaid by 2010. Georgia continues repayment of its debt to Azerbaijan on the basis of a schedule that both sides had co-ordinated earlier.
At the beginning of 2007 the repayment of the state debt to Azerbaijan is carried out in the form of annual transfer in installments.