Next round of talks with Ukraine's creditors scheduled for July 15

On July 10, a Ukrainian delegation held negotiations with the ad hoc creditors' committee during which both parties reiterated their commitments to finalize the terms of Ukraine's debt operation as soon as possible and scheduled the next round for July 15, according to a joint press release by the Ukrainian Finance Ministry and the committee.

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In particular, the Ukrainian delegation led by Vitaliy Lisovenko, a special envoy for state debt negotiations, and the ad hoc creditors' committee held a conference call to discuss a number of aspects of the forthcoming debt operation.

"Discussions are expected to continue in Washington DC next Wednesday, July 15, 2015, with the participation of Ukrainian Minister of Finance Natalie Jaresko," the press release reads.

As reported earlier, Deputy Finance Minister Artem Shevalev said that the plans of the Ukrainian Cabinet of Ministers to receive the next loan tranche by the end of July had not proved true due to a parliament failure to make amendments to several legislative acts of Ukraine, as expected by the IMF, in due time.

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