Russia cancels 90 percent of Afghan debt

MOSCOW - Russia on Monday signed a deal cancelling 90 percent of Afghanistan's Soviet-era debt, worth about 10 billion dollars, in a boost for the war-ravaged country.
"Ninety percent has been written off" from the 11.13-billion dollar debt, Russian Finance Minister Alexei Kudrin said at the signing ceremony in Moscow with his Afghan counterpart Anwar-ul Haq Ahadi.

08/06/2007 13:03 GMT