00:40 GMT +320 July 2018
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    RUSSIA NEGOTIATING NEW OPTIONS FOR PARIS CLUB DEBT, SAYS KUDRIN

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    MOSCOW, July 15 (RIA Novosti) - At a session of government, Russian Finance Minister Alexei Kudrin said that Russia could secure new options for servicing its foreign debt to the Paris Club.

    He said it was too early to specify these options and added that Russia was currently negotiating with the club's member countries.

    "We are negotiating and could obtain new options for servicing our Paris Club debt and lowering the cost of servicing it," Mr. Kudrin said.

    Commenting on Germany selling $6 billion Russia's secondary debt instruments, Mr. Kudrin said: "We discussed with Paris Club member countries the necessity of more exact coordination of the parameters of the sale and having Russia's interests taken into consideration."

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