Paris may not demand from Moscow the return of the king's debts, said the Ministry of economy of France
France may not require Russia to pay compensation to the Russian pre-revolutionary bonds, but has no authority to impose a ban on its citizens to make such demands, said Last news in the Ministry of economy of France. The essence of the requirements
in 1867 tsarist railway organizations began to issue government bonds backed by gold. For the next three decades, French investors have invested in the project fifteen billion francs (EUR 53 billion in modern terms).
Some investors made a profit, and the rest are left with nothing, because in 1918 the head of the Soviet government of Vladimir Lenin decided for waiver of pre-revolutionary financial obligations. In 1997 Moscow signed the Paris agreement, which said that the Russian Federation has completely paid off with debts of the Empire." Inter-state debate between the French Republic and the Russian Federation on the issue of the "Russian loans" was eliminated with the signing on 27 may 1997 agreement between the 2 countries, in which France and Russia mutually renounce all financial debts that have arisen between them prior to may 9, 1945, as well as refrain from supporting the requirements of its Inhabitants associated with these debts,"
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