1 REQUEST FOR THE DELIBERATION OF THE INVESTMENT AGREEMENT WITH “ORANO MINING SAS” SUBMITTED TO THE PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/01/10      2 DRAFT RESOLUTION ON ADOPTING THE GENERAL DEVELOPMENT PLAN FOR ULAANBAATAR UNTIL 2040 SUBMITTED TO THE PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/01/10      3 GOVT TO SIGN PACT WITH MONGOLIA SOON IN AREA OF GEOLOGY AND EXPLORATION WWW.BUSINESS-STANDARD.COM PUBLISHED:2025/01/10      4 INDIA TO SIGN MINING PACT WITH MONGOLIA SOON, GOVT SOURCE SAYS WWW.REUTERS.COM PUBLISHED:2025/01/10      5 CHINESE STATE-SPONSORED REDDELTA TARGETED TAIWAN, MONGOLIA, AND SOUTHEAST ASIA WITH ADAPTED PLUGX INFECTION CHAIN WWW.RECORDEDFUTURE.COM PUBLISHED:2025/01/10      6 MONGOLIA STEPS UP ITS TIR TRANSIT GAME WWW.IRU.ORG PUBLISHED:2025/01/10      7 UNITED STATES DONATES 2000 MEDICAL DEVICES TO MONGOLIA TO HELP COMBAT FLU-LIKE ILLNESS WWW.GOGO.MN PUBLISHED:2025/01/10      8 PERFORMANCE MONITORING UNIT UNDER THE PRIME MINISTER TO ACCELERATE EFFORTS IN REDUCING AIR POLLUTION AND TRAFFIC CONGESTION WWW.MONTSAME.MN PUBLISHED:2025/01/08      9 GOVERNANCE OF STATE-OWNED ENTERPRISES TO BE IMPROVED WWW.MONTSAME.MN PUBLISHED:2025/01/08      10 NUMBER OF MONGOLIAN LIVESTOCK REACHES 57.6 MILLION AT THE END OF 2024 WWW.AKIPRESS.COM PUBLISHED:2025/01/08      “XANADU MINES” КОМПАНИ A$0.055-ЫН ҮНЭТЭЙ, 26.5 САЯ ХУВЬЦААГАА “JINPING MINING”-Д ЗАРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/10     ЭКСПОРТЫН 90 ХУВИЙГ ЭЗЭЛДЭГ УУЛ УУРХАЙН САЛБАРЫГ ДОТООДЫН ҮЙЛДВЭРЛЭГЧИД ӨСӨЛТИЙН ХӨШҮҮРГЭЭ БОЛГОХ ПОТЕНЦИАЛ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/10     Н.УЧРАЛ: УРАНЫ ТӨСЛИЙН АЖИЛЧДЫН ДУНДАЖ ЦАЛИНГ ₮7-12 САЯ БАЙХААР ХЭЛЭЛЦСЭН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/10     ИМПОРТ ӨМНӨХ ОНЫ МӨН ҮЕЭС 25.5 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/01/10     “ОРАНО МАЙНИНГ САС” ХӨРӨНГӨ ОРУУЛАЛТЫН ГЭРЭЭГ ЗӨВШИЛЦӨХ САНАЛЫГ УИХ-Д ХҮРГҮҮЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/01/10     ЭНЭ ОНД 35 ХҮРТЭЛХ НАСНЫ ИРГЭДИЙГ ИПОТЕКИЙН ЗЭЭЛД ШУУРХАЙ ХАМРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/01/10     УЛААНБААТАР 2040: 14 ХОТЫГ ТӨЛӨВЛӨН ХӨГЖҮҮЛЖ, ДЭД ТӨВ БАЙГУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/01/10     МХБ: 2024 ОНД 47 ХУВЬЦААТ КОМПАНИ НИЙТ ₮1 ИХ НАЯДЫН НОГДОЛ АШИГ ХУВААРИЛСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/08     НҮҮРСНИЙ ХЭРЭГТ УЛС ТӨРД НӨЛӨӨ БҮХИЙ 13 ХҮНИЙГ ЯЛЛАГДАГЧААР ТАТАН ШАЛГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/01/08     УУЛ УУРХАЙН ТӨК-УУДЫГ “ЭРДЭНЭС МОНГОЛ”-Д, УУЛ УУРХАЙН БУСУУДЫГ “ЭРЧЭС МОНГОЛ”-Д НЭГТГЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/01/08    

Russia to pay off balance of Soviet-era debt within 45 days www.rt.com

 
The Soviet Union’s foreign debt will be paid in full within weeks, once Moscow settles with Bosnia and Herzegovina, according to the Russian Ministry of Finance.
 
According to calculations, Russia owes the Balkan country, once part of the former Yugoslavia $125.2 million, said Deputy Finance Minister Sergey Storchak. This is the last Soviet debt, and it will be paid back in 45 days, he added.
 
The debt to the former Yugoslavian republics of Croatia, Serbia, Montenegro, Slovenia, and Macedonia, had been paid off by Russia from 2011 to 2016.
 
In February, the Finance Ministry said the debt would be cleared quickly once an executive order was signed. On Tuesday, the final step in the process was announced officially.
 
When the Soviet Union collapsed in 1991, the newly formed Russian Federation inherited a growing external debt of over $66 billion with barely a few billion dollars in gold and foreign exchange reserves.
 
By assuming the Soviet-era debt, Russia gained international recognition as the USSR’s successor.
 
The USSR's foreign debt was accumulated in various ways, such as obligations to Western countries accrued in the debt market after 1983. The money owed to former Yugoslavia was as a result of trade.
 
“On the one hand, the USSR supplied Yugoslavia with defense and energy products. On the other, Yugoslavia sold consumer goods to the USSR. The debt was formed due to the difference in the value of imports and exports,” managing partner of law firm HEADS Consulting Aleksandr Bazykin told Izvestia daily.
 
In recent years, Moscow canceled billions of dollars in debt owed to the Soviet Union by countries in Africa, Asia, and Central America. In 2013, Russia wrote off almost the entire $32 billion debt owed by Cuba.
 
According to the Finance Ministry, other countries still owe the Soviet Union about $34 billion, but it will be very hard for Russia to reclaim the money.


Published Date:2017-03-22