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Ukraine continues to pay off gas debt

Russia takes delivery of another Tu-160 from Ukraine

Published: 2/1/2000

Ukraine has passed another Tu-160 stategic bomber to Russia, as part of the planes-for-debt deal negotiated last year. Under the agreement, a total of 11 Tu-160s should be transferred, along with a substantial number of air launched cruise missiles, reported to be in the region of 600. The 11 aircraft and missile transfers, valued at $285m, will be offset against the very considerable debt owed to Russia for natural gas.

Article ID: 1380

 

 

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