Here and Now : Russia to Forgive Portion of Iraq Debt

11/19/2008

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Russian President Vladimir Putin (AP)

Russia to Forgive Portion of Iraq Debt
Story aired: Tuesday, December 23, 2003

Russia says it will write off more than half of the $8 billion debt that Baghdad owes Moscow. President Putin said Russian companies are ready to invest in Iraq and that Russian companies are eager to resume oil and other contracts with Iraq.

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