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Russia, Afghanistan coordinate Afghan debt settlement - FM Lavrov

RIA Novosti - 23.2.2007
(Photo: AFP)

Russia, Afghanistan coordinate Afghan debt settlement - FM Lavrov

Russia and Afghanistan have coordinated the terms of settlement of Afghanistan's debt to the former U.S.S.R., which, according to Russian experts' estimates, totals $10 billion, Russia's foreign minister said Friday.

"The problem of Afghan debt settlement has been coordinated, only some formalities remain to be settled," Sergei Lavrov, on a working visit to Afghanistan, told journalists in Kabul.

The minister said relevant documents are being drafted, and added the issue settlement will help the two countries cooperate in the economic and trade spheres and contribute to Russian investment into the Afghan economy.

Lavrov said Afghanistan is ready to cooperate with regional security body, the Collective Security Treaty Organization, and the Shanghai Cooperation Organization in fighting terrorism and drug trafficking.

The Russian minister also said Russia will continue providing assistance for Afghanistan to rehabilitate the country.

He also said an agreement has been reached that the Afghan government will provide assistance to Russian companies working in the country.

A joint statement of the Russian and Afghan foreign ministers says that Afghanistan is interested in Russian businesses taking part in the country's rehabilitation and is ready to create favorable conditions for them. It also says that Russia will help Afghanistan fight drug trafficking.



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