This Day In History
Sunday, May 31, 2020
On This Day

December 26, 1991

The Supreme Soviet of the Soviet Union meets and formally dissolves the USSR. Following the dissolution of the Soviet Union on 26 December 1991, Russia was internationally recognized as its legal successor on the international stage. To that end, Russia voluntarily accepted all Soviet foreign debt and claimed overseas Soviet properties as its own. Since then, the Russian Federation has assumed the Soviet Union's rights and obligations.
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