Putin approved the write-off of Kyrgyz debt of $240 million
The President of Russia Vladimir Putin ratified the Protocol to the agreement to write off $240 million debt of Kyrgyzstan to Russia. The document published on the official portal of legal information.
Previously, the debt cancellation was approved by the state Duma and the Federation Council.
In June last year, President of Kyrgyzstan Almazbek Atambayev said that the Finance Ministers of Russia and Kyrgyzstan exchanged protocols on the write-off of all debts to Bishkek.
Chairman of the state Duma Vyacheslav Volodin explained that the cancellation of the debt of Kyrgyzstan is aimed at the development of relations between the two countries.
Who and why Russia forgives debts