The Macedonian Tendency: Macedonia: No Debt to Russia

Friday, March 16, 2007

Macedonia: No Debt to Russia

Macedonia owes no money to Russia, and Russia owes nothing to Macedonia.

Macedonia completes successfully negotiations over Russian clearing debt
Makfax vesnik:

Skopje /16/03/ 15:31/17:04

Macedonia has wrapped up successfully the negotiations on the projects intended for settling of the debt owned by the Russian Federation to the Republic of Macedonia.

The Cabinet of the Macedonian Vice-Prime Minister, Zoran Stavrevski, announced this after completion of the governmental delegation's official working visit to Moscow.

In the course of the visit, Macedonian officials met with the Russian Finance Minister Sergey Storchak, who is in charge of settling liabilities of the former USSR towards the Republic of Macedonia.

The negotiators reached an agreement the debt to be returned by construction of a gas-pipeline system in Macedonia.

Initiation of as many as four projects has been agreed, including the primary and secondary gas pipeline ring encircling Skopje, the local pipeline Klechovce-Veles-Stip and the pipeline Skopje-Tetovo.

The interlocutors agreed also to set up a working panel, comprised of representatives of Gazprom and Macedonian experts, tasked to work out the details on the realization of the projects."

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