Moscow writes off Iraqi debt
Published: 11 February, 2008, 15:58
Russia has written off ninety-three percent of Iraq's Soviet-era debt, which is being seen as an invaluable promotion for Russian business in Iraq. The sum comes to more than $US 12 billion dollars. The Iraqi Foreign Minister, Hoshiyar Zibari, met with hi
Interview with Andrey OkhotkinRussia has written off about $US 12 billion of the total Iraqi debt. Andrey Okhotkin, Vice President of the ESN Group, commented to RT on the significance the step could have in strengthening economic relations between the countries. |
Russian perfume king denied bailThe owner of Russian cosmetics giant, Arbat Prestige, has been denied bail on tax evasion charges. Vladimir Nekrasov, along with his consultant and alleged crime lord Semyon Mogilevich, face up to six years in jail if found guilty. |

