Military aviation deployed in Kazakhstan and Russia's Siberia ahead of Soyuz launchScience & Space July 26, 7:21
UN Security Council blocks statement condemning attack on Russian embassy in DamascusWorld July 26, 4:27
Russia looks into its citizen’s removal from domestic US flightWorld July 26, 3:43
US House of Representatives passes bill to toughen sanctions on RussiaWorld July 26, 1:09
Diplomat blasts US media reports on Russia's alleged arms supplies to TalibanRussian Politics & Diplomacy July 25, 21:39
Putin, Iraqi vice-president discuss possible supplies of T-90 tanksMilitary & Defense July 25, 21:18
Sports minister hopes for Russia’s membership reinstatement with IAAF before 2018Sport July 25, 20:47
The highlights of 2017 FINA World ChampionshipsSport July 25, 19:37
IAAF to hear report on Russia’s reinstatement ahead of 2017 Athletics World ChampionshipSport July 25, 19:25
KIEV, January 26. /TASS/. Ukraine hopes it will manage to restructure its debt to Russia without court proceedings, Ukraine’s Finance Minister Natalie Jaresko said on Tuesday.
"Our dialogue continues. Despite complexity of the issue, I hope an opportunity is still available to find the answer outside legal proceedings, within the scope of our liabilities to the IMF and liabilities we undertook when restructuring Eurobonds," Jaresko said.
Kiev has "a very small number of debts remaining non-restructured, including the Russian one," she added.
President Vladimir Putin of Russia and Viktor Yanukovych of Ukraine reached agreement in December 2013 on Moscow's $15 billion worth loan to Kiev through the floating of Ukraine's bonds. As part of the programme, the bonds worth $3 billion were offered on the Irish Stock Exchange on December 20, 2013, and bought by Russia.
The last coupon payments were made by Ukraine in June 2015. Ukraine defaulted on the installment under its $3 bln debt to Russia on December 20, 2015. The Russian Finance Ministry initiated legal proceedings in view of that.
The latest negotiations on the debt were held between the parties on the sidelines of the IMF and World Bank session in Peru last October. Since then contacts between the parties took place through intermediaries — Germany’s Finance Ministry.
Ukraine may receive up to $10 bln of loans in 2016, Ukraine’s Finance Minister Natalie Jaresko went on to say.
"If we continue pursuing and are focused on our reform program, then it will be up to $10 bln, including the IMF, bilateral and multilateral sources," she said.
Kiev expects the IMF decision on the third tranche that may total about $1.7 bln, Jaresko said. An updated draft memorandum with the Fund is currently discussed, she added.