Ukraine reaffirms its commitment to standing firm in the face of this aspect of Russia's aggression until the full conclusion of the legal process.
Ukraine's Finance Ministry has announced that the English Court of Appeal has reserved the judgement in proceedings regarding the so-called "Yanukovych debt" until a later date.
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The results of the appeal proceedings will be announced after the English Court of Appeal hands down its judgment.
The Finance Ministry also emphasized that Ukraine puts its faith in the English legal process and remains confident of achieving a positive outcome in the proceedings, which are themselves brought at Russia's behest in pursuit of a broader strategy of unlawful and illegitimate aggression by Russia against Ukraine. Ukraine reaffirms its commitment to standing firm in the face of this aspect of Russia's aggression until the full conclusion of the legal process.
As UNIAN reported earlier, the High Court of London in January 2017 began to consider Russia's claim against Ukraine on Ukraine's eurobonds worth $3 billion in January 2016. Kyiv considers the loan the Kremlin's "bribe" to the former Ukrainian authorities, including disgraced ex-president Viktor Yanukovych, for rejecting the European integration path, while the Russian side insists on its repayment.
On March 29, 2017, the London court approved an expedited consideration of the Russian lawsuit, failing to recognize the validity of Ukraine's arguments in the case. However, on June 23, Ukraine submitted the necessary documents to the Court of Appeal to challenge that decision.