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Black Sea Fleet treaties’ termination does not relieve Ukraine of financial liabilities

Ukraine’s overall debt to Russia after the termination of the 1997 and 2010 Black Sea Fleet agreements stands at $10-11 billion

© ITAR-TASS/Alexei Pavlishak

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Russia terminates Black Sea Fleet agreements with Ukraine

MOSCOW, April 03. /ITAR-TASS/. Termination of the effect of the Russian-Ukrainian treaties on the Black Sea Fleet does not relieve Ukraine of financial commitments to Russia, the Russian Foreign Ministry stated on Thursday regarding its note sent to Ukrainian Embassy in the Russian capital of Moscow over the federal law on denouncement of the treaties related to deployment of the Russian Black Sea Fleet in Ukraine that was enacted on April 2, 2014.

Meanwhile, the diplomatic note held that the Russian Foreign Ministry “assumes that termination of the effect of these international treaties does not affect financial liabilities taken during the term of the treaties and subject to repayment and confirms that Russia is prepared to settle issues related with practical consequences of termination of their effect through talks with Ukraine.”

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Russia's Black Sea Fleet

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