PARAMARIBO, March 13 (Reuters) - Suriname and China have come to a "good agreement" to rework $483 million in debt and the countries will ink the deal when Suriname's president visits Beijing in April, the South American country's foreign minister Albert Ramdin said on Wednesday.

Within the $483 million debt, some $125 million is in arrears, according to the Suriname Debt Management Office.

The countries will hold "the formal signing of the restructuring during President (Chan) Santokhi's visit," Ramdin told Reuters during an interview in Paramaribo.

"The Chinese debt is no longer an issue in terms of, say, the international assessment of Suriname, neither with IMF nor with other donors, because it is clear that China is already ready to sign that agreement. It remains a formality," he said. "I think we've come to a good agreement."

Interest rates are unlikely to be adjusted, Ramdin said, but the duration of the loans is on the table in the deal.

"We had agreed that with China we would mainly talk about the duration. Interest rates are already very low, so that will not happen," he said. "China is also willing to waive some previously provided interest-free loans, we are working on that now."

Ramdin said he did not know the exact details of how long the duration of the loans might be extended, but said there were discussions about 17 or 20 years.

"The important thing is that in the eyes of the international community it is not a limiting factor in the assessment of Suriname," he said, adding that the country also has good relationships with Indonesia, the United States and the Netherlands. (Reporting by Ank Kuipers Writing by Julia Symmes Cobb and Rodrigo Campos, Editing by Alexandra Hudson)