Vietnam To Pay $1.5 Billion Back To Russia

Published: 2 March 2001 y., Friday
After the meeting, the two sides signed an agreement on the repayment of Soviet-era Vietnamese debt to Russia, Interfax news agency reported. Deputy Prime Minister Viktor Khristenko said that under the repayment scheme Vietnam will pay Russia some $100 million every year. The main part of the debt, as expected by analysts, will be paid back through business and trade concessions. Moscow had earlier estimated Vietnam's debt at 11 billion rubles and some 27 million dollars. During his visit, Putin is also to meet Prime Minister Phan Van Khai and Communist Party General Secretary Le Kha Phieu. Putin is the most senior Kremlin leader ever to visit a country that was one of Moscow's strongest ideological allies during the Cold War era. Military cooperation is also on the agenda of Putin's visit. According to the Russian president, Vietnam needs to upgrade its arsenal and Moscow is ready to supply military equipment to the country, without violating international regulations. Other potential fields for cooperation include oil and gas, telecommunications and atomic energy, Russian officials have been quoted as saying.
Šaltinis: allnews.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Budget negotiations - MEPs want specific budget line for stabilisation mechanism

A specific EU budget line for the new EU stabilisation mechanism should be created as soon as possible, to ensure its credibility, Council, Commission and Parliament negotiators agreed at a three-way meeting on Wednesday. more »

Break on roaming fees for mobile phone customers

New EU rule will help phone-users avoid astronomical bills for web-surfing and downloads abroad. more »

A toolbox for stronger economic governance in Europe

The Communication approved today by the Commission builds on the principles presented on 12 May to reinforce the economic governance in the European Union. more »

Latest report on taxation trends in the EU

Eurostat report just published shows that the crisis has brought some lower taxes. more »

Food prices: new legislation needed to improve price transparency and farmers' returns

New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said Agriculture Committee MEPs on Monday. more »

Fisheries: fair competition needed between imports and European producers

Fish imports play a crucial role in supplying the European market, yet fisheries and aquaculture are strategic sectors that do not lend themselves to a purely free-trade approach, believes the EP Fisheries Committee. more »

The President: Dynamic cooperation with other countries of the EU is a priority for Lithuania

I will support every proposal that strengthens cooperation among the European Union's Member States and serves Lithuania's interests," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with EU Member States' ambassadors resident in Lithuania. more »

World Lithuanian entrepreneurs are gathering in London

The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June. more »

Enhanced information exchange will contribute to the creation of single Baltic-Nordic community, Lithuania's Minister of Foreign Affairs says

Lithuania aims for the five Nordic countries and three Baltic States to become single community of values, which would be linked by a versatile quality of democracy, security and everyday life. more »

Parliament sets up special committee on EU budget reform

MEPs decided on Wednesday to create a special committee to prepare for the EU's next long-term budgetary framework. more »