MOSCOW, December 22. The Minister of economic development Alexei Ulyukayev said that the chances of the Russian Federation for a positive judicial decision by the Ukrainian debt is close to 100%. He declared it in interview to TV channel “Russia 24”.
“Our position is legitimate”
“I think that all of the legal circumstances on our side, our position is legitimate and the IMF confirmed recently that it is sovereign debt, which absolutely do not apply the agreements on the restructuring of commercial debt, which the Ukrainian side implemented. So I think our chances to achieve a positive judgment is close to 100%,” – said Ulyukayev.
The history of credit of the Russian Federation to Ukraine. Dossier
On 21 December, the Finance Ministry reported that Ukraine has not made payment to repay debt to Russia in $3 billion Thus, Ukraine chose to avoid default on its debt obligations than negotiate on the basis of a proposal made by the President of the Russian Federation during the meeting of leaders of the countries “Groups of twenty” in Antalya in November 2015, said the Ministry.
In December 2013, the presidents of Russia and Ukraine Vladimir Putin and Victor Yanukovych have agreed that Moscow will give Kiev a loan of $15 billion through the placement of Ukrainian securities. Under this program, bonds for $3 billion were placed on the Irish stock exchange on 20 December 2013 and bought by Russia at the expense of the national welfare Fund. On 17 December, the IMF confirmed that the debt of Ukraine to Russia is official.
The reaction of Russian politicians to Kyiv’s introduction of a moratorium on debt repayment Russia
A dispute about $3 billion: debt Kiev before Moscow in questions and answers