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. Last Updated: 07/27/2016

Republics to Pay in Full

MOSCOW (MT) -- Prime Minister Viktor Chernomyrdin wants neighboring republics to start paying world prices for oil and other Russian natural resources and honor their debts, Interfax reported Thursday.


Chernomyrdin also told cabinet ministers that Russia should discourage neighboring republics from reex-porting Russian raw materials. He said that Russia had lost 8 billion rubles just in oil reexported by Ukraine.


Sounding a tough line on the Commonwealth of Independent States, Chernomyrdin said Russia should reconsider whether a single market with a shared ruble zone, was still worthwhile.