Russia settles last Soviet debt
More than a quarter of a century after the Soviet Union collapsed, Russia on Monday announced it had settled the last foreign debt it had inherited from the Soviet era.
In a statement, the finance ministry said the government had paid Bosnia $125.2 million (106.01 million euros), which was due under trade deals between the Soviet Union and another now-defunct state, Yugoslavia.
"On August 8 2017, the Russian Federation settled the debt with Bosnia-Hercegovina," the ministry said in a statement.
"Bosnia-Hercegovina was the last foreign state creditor of the former USSR... for which the debt was still outstanding."
Russia and Bosnia signed an agreement to settle the debt in Moscow on March 21, it said. The deal took effect on July 20.
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