Thursday, March 3, 2016

Ukraine Russia acknowledged receipt of the claim for a debt of $ 3 billion – BBC Russian

Ministry of Finance sent to the High Court of London, confirmation of receipt of the procedural documents on the suit Russia, which needs to pay a debt of $ 3 billion.

Kiev intends to “vigorously defend its position in this case, “according to the website department.

” to represent Ukraine in the manufacture of the Ministry of Finance of Ukraine attracted Quinn Emanuel Urquhart & Sullivan, a leading international law firm specializing in the representation in the courts, “- said in a the document.

Russian Ministry of Finance has submitted a claim for credit non-payment of $ 3 billion to Ukraine in the High court in London in mid-February.

This is a duty on issued in late 2013. Ukrainian eurobonds 3 billion, which were purchased by Russia.

Russian Finance Minister Anton Siluanov said then that Kiev should pay the debt December 21, 2015 and December 31 expired grace period to settle the dispute.

December 17 last year, the Board of Directors of the International Monetary Fund has recognized the official status of Ukraine’s debt to Russia on Eurobonds.

The next day, Prime Minister of Ukraine Arseniy Yatsenyuk announced a moratorium on the payment of debt to Russia, after which Anton Siluanov said that Moscow will appeal against the non-payment of the debt in court, if he is not to be repaid until 31 December.

in early January, the Ministry of Finance announced that it is ready to defend itself against “any claim” in connection with a lawsuit by 3-billion debt to Russia. The press service of the Ministry of Finance then expressed his confidence that Ukraine “will make it successfully”.

The Ministry reminded that in November Kyiv has completed the restructuring of the debt to other creditors, and expressed regret that from such restructuring abandoned Russian Eurobond holders.

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