Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia written off $ 20 billion debt of African countries
18.10.2012 17:57
Russia written off $ 20 billion debt of African countries

Russia has written off more than $ 20 billion debt of African countries, said director of the Russian Foreign Ministry Department of International Organisations Vladimir Sergeyev at a session of the U.N. General Assembly on September 17.


Russia also takes an active part in developing the African Continent within international programmes and within interstate cooperation, the official said.


He added that Russia has contributed $ 50 million to the World Bank fund on the development of poor countries. Most of this money will be invested in support of the sub-Saharian region.


“Humanitarian aid is provided to the countries of the region on the bilateral basis. Donor assistance is rendered to Ethiopia, Somalia, Guinea, Kenya and Djibouti,” the Russian diplomat said.


Photo: Reuters

Author: Irina Fomina

Tags: Russian business     

Next Previous

You might also find interesting:

State Duma Approved Criminal Liability for Blocking Streets
A Bill on Limiting the Removal of Children from the Family has been Submitted to the State Duma
Net Capital Outflow from Russia Increased by 65.9%
AnderSon Russian Cafe Network has Become a Partner of the AliExpress Platform
Russian Measures to Support the Sectors Most Affected by Coronavirus

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Fish Broth  Russian trade  New Films  Online Events during Quarantine  Beijing Railway  Festivals in Moscow  Vandalism  The Big Cartoon Festival   Barnaul  Smolensk  Kizhi  Moscow  Censorship  Russian transportation  Russian energy companies   Russian regions  Russian courts  Russian tourist destinations  Russian Birchbark Manuscripts  Samara Transfer  Russian tourism  Exhibitions in Moscow  Russian designers  Nazi  Taxi  Russian universities  Russian business  St. Petersburg  travel to Russia  book hotel in Russia  Russian startups  Russian train  Saint-Petersburg   Petersburg Museums  Immune Cells  Alexander Benois  capital amnesty  Sergei Yesenin  Krasnodar Territory  combined ticket  Archeology  snowboarding  International space station  Roman Abramovich  Mercedes-Benz Fashion Week Russia  Mercedes-Benz Fashion Week   Garage Museum  Astashov  Russian Cinema  Siberia 

Travel Blogs
Top Traveling Sites