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Russia to write off Uzbekistan’s $860M debt

Uzbekistan Materials 10 December 2014 15:18 (UTC +04:00)
Russia and Uzbekistan signed an agreement on settlement of mutual financial claims and liabilities
Russia to write off Uzbekistan’s $860M debt

Tashkent, Uzbekistan, Dec. 10

By Demir Azizov - Trend:

Russia and Uzbekistan signed an agreement on settlement of mutual financial claims and liabilities.

The document was signed in the presence of the presidents of Russia and Uzbekistan, Vladimir Putin and Islam Karimov.

The agreement stipulates that Moscow will write off over $860 million debt of Tashkent.

An intergovernmental agreement was also signed on the main directions of development and deepening of economic cooperation in 2015-2019.

Edited by SI

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