According to a press release from the Japanese embassy in Maputo, notes on the debt cancellation were exchanged in Tokyo on Tuesday between the Mozambican Foreign Minister, Alcinda Abreu, and her Japanese counterpart, Taro Aso.
The cancellation, the embassy note states, is in line with decisions by creditor countries in 2000 and 2001 to wipe out the eligible commercial debt of all countries within the HIPC (Heavily Indebted Poor Countries) debt relief scheme.
Abreu is on an official visit to Japan that began on Monday, and is scheduled to end on Thursday.
SOURCE: AIM
