Russia explained the forgiven debts to other countries
Foreign Minister Sergei Lavrov said that Russia has written off debts of the Soviet era a number of countries, because the money is unlikely to be helpful in solving existing problems. About it reports TASS.
In addition, according to Lavrov, “legally very difficult to prove” at what rate these debts was provided. Then, he said, the Soviet Union was not an integral part of the international monetary and financial system and the ruble exchange rate established by the state Bank.
Some may remember when the dollar was worth 63 kopecks, and, of course, if you count the debts at this rate, and debts of the Soviet Union handed out a lot, especially to countries that fought against colonialism, for independence and were mostly military aid, it would be far from reality.Sergey Lavrovgave the Ministry of foreign Affairs of the Russian Federation
Also money is often issued to organizations that fought for independence and which rules of international law were not state actors. In these cases, to repay debts is not possible, because they did not initially relied on international legal agreements, Lavrov added.
Over the last 20 years Russia has written off more than $ 140 billion to foreign borrowers. Cuba, in particular, has forgiven $ 30 billion, North Korea — $ 11 billion, Africa — $ 20 billion.
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- The debts of the world has updated the historical maximum