Rules igry13-02-2008 From lordly shoulder: Russia writes off the debts of Russia donated to "forgive" Iraq 93% of the debt, or about $ 12 billion, and intends to actively invest in the economy of this country. Russian business wants to be sure (especially energy companies) that will be able to recover its position in Iraq. However, the Iraqi Foreign Ministry said that Russian companies will have no privileges. Our fatherland, long known for its humanism, has decided to fully support the restoration of the Iraqi economy. In the framework of the Paris Club Russia committed itself to write off 93% (or $ 12 billion) of debt Middle East country. The remaining $ 900 million will be restructured. Iraq will receive installments for 17 years on the market conditions as a result of which Russia is to get 1.1 billion dollars in interest payments on the debt. However, the broad gestures of goodwill does not end there. Russia intends to invest in the Iraqi economy about $ 4 billion. According to Vice Prime Minister and Finance Minister Alexei Kudrin, such investments can be implemented over a period from 3-5 to 7 years.
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