Pakistan paves way for trade with Russia by settling Soviet-era debt ...News

News by : (Russia Today) -
Islamabad has repaid Moscow the $93.5 million (Rs 1,442 billion) debt pending since the collapse of the Soviet Union. The issue was a major hurdle in boosting the country's trade ties with Russia. The trade dispute resolution will pave the way for billions of dollars in Russian investments in Pakistan, said the country's official. Also on rt.com Russia looks to invest in Pakistan in a big way Under the agreement, the Pakistani government was bound to return $93.5 million to Russia within 90 days of the signing and clear pending Russian exporters' claims

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