Ukraine is ready to defend its interests on the debt of Yanukovych in an English court — the Ministry of Finance

Ukraine intends and is fully prepared to vigorously defend their interests in resolving the debt issue Russian bonds denominated in $ 3 billion., which was issued to the Yanukovych government in 2013, in the English court. This is stated in the commentary of the Ministry of Finance regarding statements of the Minister of Finance of the Russian Federation Anton Siluanov regarding the filing of a claim by Russia against Ukraine concerning the recovery of a specified debt, UNIAN reports.

«Commenting on yesterday’s public statement by the Minister of Finance of the Russian Federation Anton Siluanov, the Ministry of Finance of Ukraine confirmed that the company was The Law Debenture Trust Corporation PLC the Trustee (of a trust) creditor Eurobond with maturity in December 2015, formally beginning proceedings in the High court of England. Ukraine intends and is fully prepared to strongly defend its interests on the issue of these Eurobonds in the English court», — stated in the message.

Recall that on 30 December the Cabinet of Ministers of Ukraine confirmed its decision to impose a moratorium on the payment of a debt to the Russian Federation in the amount of $ 3 billion. The debt was given to the Yanukovych government in 2013, the term of payment was due in December of 2015. Debt included in the perimeter of the restructuring, announced by the Ukraine in the spring of 2015 years, but Russia has refused to restructure.

In December 2015 on the key creditor of Ukraine International monetary Fund – the debt was recognized as an official debt of Ukraine. At the same time, the Minister of Finance of Ukraine Natalie Jaresko said that Ukraine is ready to negotiations with Russia on the debt, but not undertake to predict developments.

In turn, the head of the government Arseniy Yatsenyuk said that the Ukrainian government is fully ready to go to trial against the Russian Federation and has been established Advisor that will advise the government in the judicial process. In addition, provision has been made for payment of legal services on protection of interests of Ukraine.




Ukraine is ready to defend its interests on the debt of Yanukovych in an English court — the Ministry of Finance 18.02.2016

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Февраль 18th, 2016 by
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