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Russia, Venezuela sign debt restructuring agreement — Reuters

Venezuela has agreed to restructure debts to Moscow worth $3 billion on earlier agreed terms, according to the agency

MOSCOW, November 15. /TASS/. Russia and Venezuela have signed a debt restructuring deal, Reuters reported with reference to an official from the Venezuelan embassy in Moscow.

Venezuela has agreed to restructure debts to Moscow worth $3 billion on earlier agreed terms, the agency said.

Russia is one of Venezuela’s biggest creditors. In 2011, Moscow provided a $4 loan to Caracas for purchases of Russian industrial products.