Deputy Foreign Minister Bogdanov: Russia has written off about 20 billion USD in debt for African countries
The Russian Federation has written off debts amounting to about 20 billion USD for African countries following the results of the first Russia-Africa ministerial conference, special representative of the President of Russia in the Middle East and Africa. , Deputy Foreign Minister Mikhail Bogdanov, said. this in an interview with .
“We now have a refinancing program to refocus debt on development projects,” said the Deputy Minister.
According to him, in this way, these debts are used to implement socio-economic projects in African countries.
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On November 9-10, the first ministerial conference of the Russia-Africa Partnership Forum took place on the federal territory of Sirius. This event was attended by more than 1.5 thousand participants, including more than 40 ministers of African countries.
At this event, Russian President Vladimir Putin said that the development of relations between Russia and African countries is becoming increasingly tense and multifaceted. According to him, this fact is fully confirmed by the content program of the Ministerial Conference.
Previously, Russia admitted that Africa could become the leading economic continent.
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