Stay up to date with the latest news
Subscribe to our telegram channel
Finance Minister of Uzbekistan Rustam Azimov and his Russian counterpart Anton Siluanov signed the agreement in Tashkent on 10 December.
In line with the agreement, the Russia will write off US$865 million debt of Uzbekistan.
Anton Siluanov said: “The overall debt is US$890 million, of which US$500 is main debt.”
He added: “The Uzbek side will repay us US$25 million, the Russia will write off other part of the debt.”