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Russian lawmakers to vote on restructuring Cuban debt

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MOSCOW, September 7 (RIA Novosti) - The Russian Cabinet has submitted an intergovernmental agreement for ratification to the lower house of parliament on restructuring Cuba's $166 million post-Soviet debt to Russia, the State Duma said Friday.

The Havana agreement on debt to Russia was signed on September 28, 2006. Russian Prime Minister Mikhail Fradkov said at the time that the agreement envisages consolidating the debt and restructuring it over a period of ten years.

Cuba's debt to the Soviet Union, which is subject to separate discussions, is estimated at approximately $25 billion.

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