The Guardian
| 8 months 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...
Asian Wall Street Journal
| 8 months 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...
International Business Times
| 8 months 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...