The Congolese Minister of Finance, Budget and Public Portfolio, Gilbert Ondongo, and the French Ambassador to Congo, Jean-François Valette has signed an agreement under which France will write off Congolese debts of 645.7 million euros (or 424 billion FCFA), a French official statement said. France, which has pledged to write off all of Congolese debts, will write off 33 1 million euros of the total amount under the present arrangement while furthern egotiations for more debt relief will continue.