Report: Russia writes off most of NKorea's debt - Breaking News Allvoices

News Stories Related To: Report: Russia writes off most of NKorea's debt

Moscow : Russia | almost 2 years ago  
Russian media report that the country has written off most of North Korea 's $11 billion debt. The Russian finance ministry on Tuesday confirmed that it has signed a debt deal with North...
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  • Russia writes off $10bn of North Korean debt

      The Guardian | almost 2 years ago
    Moscow Russia's Dmitry Medvedev met Kim Jong-il in Siberia in 2011 on one of the reclusive leader's last foreign trips. Photograph: Dmitry Astakhov/AFP/Getty Images Russia has agreed to write off nearly all of the $11bn debt accrued by North Korea...
  • Russia, N. Korea Sign Debt Pact

      Asian Wall Street Journal | almost 2 years ago
    North Korea have signed a deal to write off nearly all of the isolated Asian country's $11 billion Soviet-era debt, the Russian Finance Ministry said Tuesday. The agreement forgives 90% of the old debt with the remaining $1 billion to be used as part...
  • Russia writes off 90 percent of North Korea's debt

      International Business Times | almost 2 years ago
    Russia said on Tuesday it agreed to write off 90 percent of North Korea's $11 billion (6.7 billion pounds) debt and would reinvest the balance in the reclusive Asian state, in a sign of closer engagement with Pyongyang under new leader Kim Jong-un...

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