.Iraq and Russia in oil-for-debt talks
Iraq has offered to help Russia's oil and gas companies in Iraq if Moscow abrogates 80 percent of Baghdad's Soviet-era debt.
Foreign Minister Hoshyar Zebari has said Russian oil and gas producers are welcome in Iraq where the government will grant them significant advantages.
Iraq owes Russia Soviet-era debt worth US$13 billion.
Zebari said his country did not feel over-burdened by contracts signed by the previous Russian regime and had found Russia to be understanding on the issue of settling the debts.
Malaysia Sun
Foreign Minister Hoshyar Zebari has said Russian oil and gas producers are welcome in Iraq where the government will grant them significant advantages.
Iraq owes Russia Soviet-era debt worth US$13 billion.
Zebari said his country did not feel over-burdened by contracts signed by the previous Russian regime and had found Russia to be understanding on the issue of settling the debts.
Malaysia Sun
posted by madtom at 9:48 PM
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