| July 2006 |
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Group of Eight leaders adopted a Middle East statement by consensus on the basis of a formula put forward by Russian President Vladimir Putin, a source in the Russian delegation said Sunday. 
Russia will write off about $10 billion of the Iraqi debt in the near future, the finance minister said Sunday. Alexei Kudrin said it was Russia's contribution to G8 joint efforts to ease Iraq's debt burden and support the development of the country's economy. 
Group of Eight leaders confirmed Sunday their commitment to the nonproliferation of weapons of mass destruction and urged the world to act in unison.
State companies will follow the example of the recent Rosneft's initial public offering by selling shares to Russian citizens, the finance minister said Sunday. 



