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Finance
06/04/2016
Putin signs agreement on writing off debt of Uzbekistan
Putin signs agreement on writing off debt of Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) --
President of Russia Vladimir Putin signed a law “On ratification of the agreement between the Government of Russia and the Government of Uzbekistan on settlement of mutual financial claims and liabilities.
Russian State Duma passed the law on 25 March 2016 and Federation Council approved it on 30 March 2016.
Uzbekistan and Russia signed the agreement on settlement of mutual financial claims and liabilities in December 2014 within the visit of the President of Russia Vladimir Putin to Uzbekistan.
The document envisages that Russia will write off debt of Uzbekistan for US$865 million.
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