HC Deb 16 February 2000 vol 344 c616W
Mr. Cohen

To ask the Chancellor of the Exchequer if he will make a statement on the arrangements made for debt rescheduling with Russia by the London Club of major creditor banks. [110421]

Mr. Timms

The Russian government has reached a Framework agreement with the London Club of private sector creditors on restructuring its debt. The Government welcome this agreement as it does all efforts by debtors and creditors to resolve their differences amicably.