Russia and Ukraine fail to agree on Kyiv’s debt restructuring

Russian, Ukrainian finance ministers fail to agree on Kyiv’s $3 billion debt restructuring.

Ukrainian Finance Minister Natalie Jaresko and her Russian counterpart Anton Siluanov met in Lima, Peru, on Friday on the sidelines of the International Monetary Fund and the World Bank semi-annual meetings, Censor.NET reports citing TASS.

The finance ministers of Russia and Ukraine reached no agreement on Friday to restructure the $3 billion Kyiv's debt, but will maintain the dialogue, Russian Finance Minister Anton Siluanov has said.

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"We stated our position on the need to repay the debt owed to Russia. The colleagues from Ukraine's finance ministry said they have no such money in budget and suggested that we participate in its restructuring along with commercial creditors. Russia had another position: we are not a commercial creditor, we are a sovereign creditor, that's why such conditions are unacceptable for us," Siluanov told reporters after the meeting.

The Ukrainian side officially said after the meeting that Jaresko provided details on the deal on restructuring the debt and called on Russia to participate in it. Moscow can accept the invitation until Oct. 29.
Источник: https://censor.net.ua/en/n355684