Moscow reportedly set to write off N Korean debt

15th September 2011, Comments 0 comments GENEVA, SWITZERLAND - The Russian government is reportedly ready to write off 11 billion in North Korea’s mainly Soviet era debt, reports Izvestia. The move would follow previous similar action over North Vietnam’s debt, for example, with the debt converted into a mix of investment and repayment in goods and services. The move acknowledges that [...]

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