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Russia forgives $11 bln in Afghan debt

Russia forgives $11 bln in Afghan debt

05 December 2011 15:23 (UTC +04:00)

Baku - APA-Economics. Russia has canceled more than $11 billion in Afghanistanâ€™s sovereign debt over the past decade, Russian Foreign Minister Sergei Lavrov said on Monday, The Nation, Pakistan reported.

â€œDuring the past decade Russia has made a significant contribution to the international effort in Afghanistan. We have written off more than $11 billion of Afghanistanâ€™s sovereign debt,â€ he said.

Russia also provides humanitarian aid to Afghanistan - more than 40,000 tons of wheat flour and other shipments in the past decade, worth a total of around $50 million, he said.

â€œRight at the moment 3,000 tons of wheat flour is being delivered to Afghanistan and funds have been allocated to donate 40 heavy trucks,â€ Lavrov said.

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