The Mission of the World Debt System consists in creation of the common international information field devoted to debt subjects.

·  Enables to get information about national debt systems and to generalize experience of different countries in solving problems of such kind;
·  Enables to create information resources, which include information about internal and external debts of different countries and the top-list of countries with external state debts and commercial debts;
·  Enables the international community to solve current problems with overdue promissory notes of the counterparties which are located in other countries of the world, as well as to find professional debt collecting agents within the debtor’s location and to have a choice of debt agents;

·  Enables to learn more about international, national and local legislation, regulations and procedures of debt collection in different countries of the world.

Purposes and Goals of the World Debt System

      Significant tensions in the relations between countries are often raised by overdue or improperly serviced  debts of national corporations and external state debts. There used to be no international debt system in the world that could meet the requirements and overcome the so called “starvation” (absence of systematized information) which foreign economic activity companies had to face. Thus the process of debt servicing and economical cooperation between counterparties located in different countries was quite complicated.
       The World Debt System represents an open " debt platform " for selling and purchasing of debts ,which are not quoted on the promissory notes stock exchange. The system was created in 2004. It gives practical advantage to creditors and investors from different countries in claiming and returning their money in case of the counterparty’s non-fulfillment or improper fulfillment of obligations under the contract.
       This project was developed for the benefit of international and European economy as well as for investors (creditors) having serious intentions irrespective of the location and sphere of activity of investors (creditors) and their counterparties.
       Cooperation with the foreign organizations carrying out operations on the debt market in different parts of the world will allow to put up for sale and to buy debts of any organizations, to inform the world public about the real situation with debts of national corporations, internal and external debts of the states, to make familiar with national acts stipulating legitimate activity on the national debt markets, to share experience in establishment of legal and effective models of work with debts and practical techniques for preventing bad and overdue debts in the future.
       One of the main purposes of the World Debt System in the world is creation of an accessible information field for the further development of the civilized and open international debt market.