Kyrgyzstan in talks to restructure $1.8 bln in debt to China

Kyrgyzstan in talks to restructure $1.8 bln in debt to China
Representative Image Image Credit: Wikimedia Commons
  • Country:
  • Kyrgyz Republic

Kyrgyzstan is in talks with the Export-Import Bank of China to restructure its debt, Deputy Prime Minister Erkin Asrandiyev said on Wednesday.

The Central Asian nation, which owes the Eximbank $1.8 billion, said last month it would seek debt relief due to the impact of the coronavirus pandemic on its economy.

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