Russia is ready to pay off with debts of the USSR

The Russian Federation is ready to pay off the debts of the Soviet Union to other countries, which is of 125.2 million dollars. This was told “Izvestia” a source in the Russian government.

According to him, the agreement on the repayment of past debt on 125.2 million dollars. ready and awaiting signature. He believes that this can happen until the summer of this year.

Also, a source noted that recently the Ministry of Finance of the Russian Federation paid with Macedonia, which owes the Union of 60.6 million dollars. And now, according to him, Russia needed to pay only Bosnia and Herzegovina, which, like Macedonia, was formed as a result of the breakup of Yugoslavia and won the right to reclaim part of the debt of the former USSR

“The agreement is technically ready for a long time, the country – said the government source. Remains only to sign in the coming months. Payment takes place in one tranche on the web, there were no complications, until the summer issue will be closed.”

The debt of the USSR before foreign countries were formed in different ways. The countries of the far abroad the Union owed as a result of their activity in the debt market after 1983, but before Yugoslavia’s debt was formed as a result of trade relations.

“On the one hand, the Soviet Union supplied Yugoslavia products of defense industry and energy. On the other — Yugoslavia sold consumer goods, so the debt was formed due to the difference in the value of imports and exports, explained the origins of the debt, the managing partner of the legal company HEADS Consulting Alexander Bazykin. — So there was never any issue of debt securities, was not formalized obligations and penalties, was the exchange of products.”

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