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Libya Politics | Economy - Development | Society Russia scraps Libya's debt afrol News, 18 April - Russia has written off US $4.5 billion debt owed to Libya in exchange for contracts for Russian companies worth several billions of dollars.The debt cancellation - announced in the Libyan capital Tripoli on Thursday - forms part of an intergovernmental agreement on bilateral economic and financial relations signed by the Russian President Vladimir Putin and Libyan leader Muammar al-Qaddafi. By staff writer © afrol News |
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