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Russia Trade Ukraine

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BUSINESS
April 14, 1994 | BETH KNOBEL
ISSUE: Russia, the world's largest energy exporter, is turning up the heat on countries that won't pay their power bills. Russia's cash-strapped neighbors in the Baltics and the Commonwealth of Independent States (CIS) are the worst offenders: Ukraine owes Russia nearly $3.5 billion for energy, including $900 million for natural gas; Belarus owes $240 million and tiny Latvia owes $23 million for Russian natural gas.
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BUSINESS
April 14, 1994 | BETH KNOBEL
ISSUE: Russia, the world's largest energy exporter, is turning up the heat on countries that won't pay their power bills. Russia's cash-strapped neighbors in the Baltics and the Commonwealth of Independent States (CIS) are the worst offenders: Ukraine owes Russia nearly $3.5 billion for energy, including $900 million for natural gas; Belarus owes $240 million and tiny Latvia owes $23 million for Russian natural gas.
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