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Cuba, Paris Club Members Agree on Debt Total: $15B

Cuba and the Paris Club of wealthy creditor nations have agreed that Cuba owes $15 billion stemming from a 1986 default, an important first step toward renegotiating the debt, Western diplomats said. "The final amount of $15 billion has been approved by both parties, so that is a big first step and now the creditors will meet to set policy for formal talks," said one of the diplomats with knowledge of the talks, speaking on condition of anonymity. The figure represents the...

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