Fifth Varshavyanka submarine joins Russia’s NavyMilitary & Defense October 26, 12:11
Russian Baltic Fleet frigate arrives in Cuba on visitMilitary & Defense October 26, 11:57
Air Defense drills involving various aircraft kick off in four CIS statesMilitary & Defense October 26, 11:34
MP Savchenko arrives in Moscow to attend hearing on Ukrainian nationalistsWorld October 26, 11:03
Bulgaria and Russia sign agreement to settle debt on Belene NPP project — ministerBusiness & Economy October 26, 10:38
Russia honored all commitments on S-300 supplies to Tehran — ambassadorWorld October 26, 9:04
Kyrgyz president signs decree on government’s resignationWorld October 26, 8:47
Display of rare impressionist masterpieces from Russian collector wows Parisian art loversSociety & Culture October 26, 8:46
Russia ready to resume humanitarian pauses in AleppoWorld October 26, 7:42
MANILA, November 19. /TASS/. Russia is ready to restructure Ukraine’s debt but it’s time for Kiev "to stop showing off" in respect of the sovereign nature of the loan, Prime Minister Dmitry Medvedev said on Thursday after the APEC summit.
"It’s time to stop 'showing off' in respect of recognizing the sovereign nature of this debt," the Russian prime minister said.
According to the official, Russia is not setting forth lifting anti-Russian sanctions as a condition for restructuring of Ukrainian debt.
"For us sanctions are an issue which is not related to the loan. Let them see for themselves how to act. We don’t voice such conditions with regard to this matter," he said summing up the results of APEC summit.
Medvedev reiterated that Moscow is not asking and will not ask Western countries to lift the sanctions they imposed against Russia.
"I have nothing to say. It is not we who imposed these sanctions but a number of Western countries. What will they do, I do not know. We don’t ask them for anything and won’t ask. This makes no sense," the Russian official said.
He stressed that Ukraine is close country for Russia.
"The people who live there are close to us. We always had very intensive relations with Ukraine. That is why we are trying to negotiate on the loan, which, in fact, Ukraine wanted badly to receive," Medvedev said.
Russia made a proposal to restructure the debt of Ukraine at $ 3 billion: it is proposed to pay the debt in three years in equal installments of $1 billion per year, starting from 2016. In 2015, Ukraine will be obliged to pay only coupon of $75 million.
The IMF is currently revising the rules of lending to countries with sovereign debt. In particular it may change a rule obliging a country, which receives aid under the IMF program, to pay debt to its official creditors.