MOSCOW, October 18. /TASS/. The basis for negotiations with Ukraine on its debt to Russia is recognition of it as sovereign and conditions for restructuring are better than commercial, Finance Minister Anton Siluanov told journalists on Tuesday.

"So far there is no solution, discussion is in progress. We will talk only after we realize that there are grounds for negotiations, namely - the debt is recognized as a sovereign and conditions for restructuring are better than commercial. Otherwise it makes no sense," Siluanov said.

Siluanov also said that there is no date for the talks. "We have not set the date yet, it is being discussed," he said.