Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping
English websites of Chinese embassies




Home >> Business
UPDATED: 11:18, March 31, 2007
Poland forgives nearly 31 million dollars of debt owed by Nicaragua
font size    

Nicaragua and Poland signed an agreement on Friday to write off 30.6 million U.S. dollars of the 1980s debt that was borrowed by the first government of incumbent President Daniel Ortega.

The accord, reached within the framework of the Highly Indebted Poor Countries Initiative, was inked by Nicaragua's Central Bank President Antenor Rosales, Finance Minister Alberto Guevara, and Polish Ambassador Andrezj Braiter.

Nicaraguan Foreign Minister Samuel Santos, who was present at the signing ceremony, stressed the need and importance of the support his nation is receiving in the Central American integration project.

The forgiven debt includes 20 million dollars of Central Bank debt and 10 million incurred by the Finance Ministry.

The debt was originally part of two credit lines signed by Poland in 1984 and 1987 to sell crop spraying aircraft, water pumps, galvanized zinc laminate, tires, steel, construction joints, motors and spare parts.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Dic

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Versions:
Copyright by People's Daily Online, all rights reserved