Reported on September 18, according to Reuters, the debt department of the Russian Ministry of Finance is responsible for the Konstantin Vyshkovsky18 revealed that the country has signed an agreement with North Korea, will be exempt from the 90% of North Korea's $ 11 billion debt.
 
Vyshkovsky added that the remaining debt will be restructured and re-investment in Russian projects in North Korea.
 
Korean Central News Agency (KCNA) reported that the same day, North Korea and Russia signed a debt agreement. Credit on the former Soviet Union to North Korea before, both the DPRK and Russia signed in Moscow on a re-adjustment of the terms of the debt agreement. "In addition, the report pointed out that the agreement was signed in Moscow on September 17.
 
But the Korean Central News Agency did not give details on the terms of the agreement.

Russian "Izvestia" has pointed out that in 2011, Russia will be 90% of North Korea's former Soviet debt relief. A Russian official said Russia can invest in, in return, the DPRK's energy, health and education.



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