The Russian Federation has agreed to postpone the payment of certain debts owed to it by the Republic of Cuba, allowing the small island country until 2027 to repay billions of dollars worth in foreign debt. These debts, worth a total of $2.3 billion, are the result of numerous loans made by Russia on behalf of power generation, metals, and transportation infrastructure in Cuba. The new terms of debt repayment, which were approved by the Russian Duma on Tuesday, were originally drafted by the Cuban legislature last year. The timing of the new announcement suggests that it is, in part, an act of gratitude from Moscow for Cuba’s response to the recent events in Ukraine and its breakaway regions. The Cuban government has expressed support for Russian president Vladimir Putin’s recognition of the separatist-held regions of the Donbas in Ukraine, and Cuba has accused the United states of waging a “propaganda war” …
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