LUSAKA, June 29 - Zambia's debts to the Industrial & Commercial Bank of China and Bank of China will be treated as commercial in debt talks, a senior finance ministry official said Thursday, after aZambia, which has been in default for nearly three years, reached an agreement last week to restructure $6.3 billion of bilateral debts and its international bondholders expect to strike a restructuring deal in theDebt of $4.
"The money we owe Industrial & Commercial Bank of China and other money we owe to Bank of China will be treated as commercial," Nkulukusa said.