Russia repays Soviet Union’s debt to Kuwait

The Finance Ministry of Russia said last Friday it paid the principle, USD 1.1 billion, in funds and the USD 620 million interest was compensated in Russian technology that was handed over to Kuwait.

The Soviet Union took a loan from the Middle Eastern nation in 1991 to pay out previous debts and cover imports.

Related Post

Russia, which took over the rights and obligations of the Soviet Union after it broke apart in 1991, still owes Soviet debts to countries like Korea, Macedonia, and Bosnia and Herzegovina.

Share

Recent Posts

  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

2 days ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

1 week ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 weeks ago
  • Defence

In the assessment of NATO’s readiness for war with Russia, there is also a warning about the Baltic states: what is the Kremlin’s wild card?

According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…

2 weeks ago
  • Tribune

The Citus projects: The Kaip Niujorke by CITUS project continues – the spirit of New York unfolds in Vilnius, and the second phase is launching

In September, Citus – a creative real estate projects’ development and placemaking company – began…

2 weeks ago
  • Latest

These parties will enter the Seimas for the third time in a row. How many votes did they lose, and how many did they gain?

As various parties emerge, disappear or reorganize themselves in the political space, the Lithuanian Social…

3 weeks ago