REUTERS
Ukraine offered Russia to solve the debt issue on October 29, otherwise the parties will take to court to resolve the matter, according to Ukrainian Prime Minister Arseniy Yatsenyuk.
"The only country that did not agree to debt restructuring is the Russian Federation. The issue of $3 billion remains unresolved. On October 29, we offer the Russians to decide for themselves once again whether they want to get the conditions that we proposed to all creditors, or they think that they are unique. If they believe that they are unique, we are ready for trial with the Russian Federation," said the head of government on Thursday
He noted that there will be no additional conditions for Russia. According to him, the conditions for Russia are the same as for the other creditors. "This is a partial write-off and restructuring of debt. Russia won't get other conditions," said Yatsenyuk.
As UNIAN reported earlier, Ukraine’s restructuring perimeter includes a loan which was granted to Ukraine in the framework of agreements between Russian President Vladimir Putin and Ukrainian President at the time Viktor Yanukovych. The loan was granted on December, 2013, in exchange for Ukrainian Eurobonds worth $3 billion. The fact that the bonds were purchased via the Irish stock exchange makes the disbursement a private creditor debt. However, the Russian side insists that this is an interstate debt, as the buyer was a state-owned National Wealth Fund.
Commenting on the agreement with the creditors, President of Ukraine Petro Poroshenko said that Ukraine will grant no privileges to the Russian loan under any circumstances.
Read alsoPutin: IMF could give Ukraine additional $3 bln to pay off debt to RussiaIn response, Russian Finance Minister Anton Siluanov stated that Kyiv's failure to pay back its $3 bln debt would be treated as Ukraine's default on its obligations and Russia would apply to the arbitration court.