Source Pravda.Ru

Russia writes off more than $11 bln of African debt

Since 1998 to 2002, Russia wrote off African countries' debts to the tune of $11.2 bln, including $3.4 bln last year, Alexander Saltanov, Russian Deputy Foreign Minister, said in an interview with RIA Novosti.

According to the official, "relieving African countries' debt burden has become Russia's priority contribution to the continent". He pointed out that Russia also offered extensive trade privileges to African states, which covered over 80% of Russian import from Africa.

Besides, Russia renders significant help in training specialists, including in health care. Annually African states are provided with some 800 Russian government grants. Russian teachers and doctors work in a number of African countries, the deputy minister said.

Russia's contribution to the Global Fund to Fight AIDS, Tuberculosis and Malaria will make up $20 mln over the period of 2002-2006, the official remarked. Moscow has already transferred $5 mln to its account.

African countries also receive humanitarian aid to alleviate the consequences of natural disasters, Saltanov maintained. In 2002-2003, aid of this kind was offered to Algeria, Ethiopia and Eritrea. Russia made a voluntary contribution to the UN's World Food Programme for Angola to receive prompt food aid of $1 mln. This year alone, Russia has made a voluntary contribution of $2 mln to the budget of the UN's High Commissioner for Refugees to finance humanitarian operations in Africa, the deputy minister underlined.

Comments
How Russia can respond to Israel following Ilyushin Il20 shootdown
NATO's 5,000 warplanes ready to bomb Russia, Chinese media say
Russia sees Israel as enemy after Il-20 shootdown
Can Russia oppose coalition forces in the Mediterranean?
Can Russia oppose coalition forces in the Mediterranean?
Can Russia oppose coalition forces in the Mediterranean?
NATO to strike Russia through Suwalki Corridor
Russia considers pulling out from Council of Europe
NATO to strike Russia through Suwalki Corridor
Russia to abandon the US dollar at common people's expense
Russia to abandon the US dollar at common people's expense
On the verge of war: NATO tries to take over former Soviet states
On the verge of war: NATO tries to take over former Soviet states
On the verge of war: NATO tries to take over former Soviet states
On the verge of war: NATO tries to take over former Soviet states
Russia considers pulling out from Council of Europe
South Korean President finds DPRK people eating sturgeon at fancy restaurants
NATO to strike Russia through Suwalki Corridor
Sexual abstinence more harmful to women
Russia exposes audio recording proving Ukraine's implication in MH17 disaster
International Peace Day: We demand Peace!