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Russian Federation Not Compromising, Wants Ukraine Debt Paid In Full

“If these commitments are kept – if weapons are pulled back and stored, if the OSCE gets in, and legal, monitored elections are negotiated and held, Ukraine will once again have unfettered access to its own people and its territory in the East”, Nuland said.

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It will be the first meeting between the countries’ finance ministers since January, when Ukraine announced its plans to restructure its foreign debt. “One needs to meet, of course, talk, that is always correct and beneficial”, Siluanov told reporters on the sidelines of the global Monetary Fund and World Bank semi-annual meeting.

Russia may pursue Ukraine through court if Kiev fails to repay its outstanding 3-billion dollars debt obligations on time, a high-ranking Russian government source said Friday.

“We believe that sovereign debts should be paid in full in due timeframe”. Moscow and Kiev signed a 10-year gas supply deal in 2009, but after Russia’s annexation of Crimea a year ago and an anti-government uprising in eastern Ukraine Russian Federation has twice halted gas flows to its neighbor, citing price disagreements and Naftogaz’ debts.

“We will immediately use it towards projects”, Siluanov added.

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Yaresko said in her statement that “all creditors can participate in the exchange until October 29”.

Renovation of Luzhniki stadium for 2018 football World Cup