Wednesday, June 1, 2016

Ministry of Finance of Ukraine called “strong” position in the Kiev Court of debt to Russia – RIA Novosti

01.06.2016

(updated: )

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KIEV, June 1 – RIA Novosti The Minister of Finance of Ukraine Alexander Danyluk said that Ukraine’s position in the London court, which deals with a claim Russia on non Kiev 3 billion loan is “very strong” “I was forced to pay a lot of attention to the preparation of this document (the position of Kiev – Ed.), because it is a very serious document, we took the extra time. We have a very strong position and I am sure that we correctly used this time “, – said Danyluk Wednesday in the program” Left Coast “in Ukrainian,” 24 channel “

According to him, Kiev says Russia. forced the Ukrainian authorities to take the loan.

“we believe that Russia has provided firstly a very serious pressure to ensure that we have refused to sign an association agreement. Once we refused to sign this agreement any excitement in the streets, the revolution began, actually diminished our ability to attract funding, “- he added

Danyluk said that it was.” A lot of action, aimed at to force Ukraine, the current regime, to take this loan A further limit our ability to pay it “

.”: annexation, a serious blow to the economy. All this formed the basis of our defense, “- said the Minister

Russia in February this year filed a lawsuit in the High Court in London to recover from the Ukrainian debt by $ 3 billion and unpaid interest on the $ 75 million Russia has taken this money.. in 2013 through the purchase of sovereign bonds of Ukraine.

by the end of last year Kiev properly serviced the debt, but then defaulted on the bonds.

In Kiev, hoping that Moscow will agree to restructure the debt on the same terms and conditions as commercial lenders, but Russia has refused, insisting on the sovereign nature of the debt This means that the question of its restructuring should be addressed separately

The case will set a precedent in the international law – the… debt dispute between the two countries has not yet been imposed on the court.

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