KEY POINTS:
Russia will write off the remaining US$160 million ($234.5 million) debt owed to it by Ethiopia, Moscow's ambassador to Addis Ababa, Michael Afanasiev, said yesterday.
In 2005, Russia cancelled just over US$1.1 billion owed to it by the Horn of Africa country, which was ruled from 1974 to 1991 by Marxist dictator Mengistu Haile Mariam and his Soviet-backed regime.
