Russia leases planes to Cuba, writes off Soviet debt




 
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Russia leases planes to Cuba, writes off Soviet debt
 
February 22nd, 2013  
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Topic: Russia leases planes to Cuba, writes off Soviet debt


Russia leases planes to Cuba, writes off Soviet debt
HAVANA (Reuters) - Russia will lease eight jets worth $650 million to its Cold War- era ally Cuba and will partially write off the country's multi-billion-dollar, Soviet-era debt under agreements signed during Prime Minister Dmitry Medvedev's visit to Havana on Thursday. Moscow will write off part of the $30 billion debt and will offer a 10-year refinancing plan for the remaining amount, according to the preliminary agreement, Russia's industry and trade minister Denis Manturov told reporters on the sidelines of the talks. ...




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