Russia postpones Cuba debt payments amid deepening of ties
JURIST
FEBRUARY 23, 2022
Russia’s lower house of parliament said Tuesday that Russia has agreed to postpone some debt payments owed to it by communist-run Cuba until 2027, just a few days after the two countries announced that they would deepen their ties amid the escalating Ukraine crisis. The statement released by Duma (lower house) said that Russian lawmakers had ratified an agreement signed initially with Cuban counterparts in Havana in 2021 that amended the loan terms.
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