Originally posted by Fishu
Did you realise those are debts from even before first gulf war?
There was no sanctions back then :>
More to say, significant part of Iraqi debt to USSR was made even before Saddam Hussein...
Most of it are payments for oil equipment and other civilian contracts.
How about forgiving us all the USSR debts, taken by "evil communists"?
I doubt that Russian government thought we will get any of that debts back. But we like the practical way of thinking, the idea to free your puppets from debt is nice American free market and capitalism. Looks like USSR/Russia payed for the equipment that will be used to pump oil for American corporations.