be offered other conditions for Russian than those we have offered to other
creditors. In that case Russia do not agree on appropriate restructuring, the
Government of Ukraine will impose a moratorium on the payment of a US$3 billion debt to the Russian
Federation," announced Prime Minister of Ukraine Arseniy Yatsenyuk
following his meeting with U.S. Secretary of the Treasury Jacob Lew on Friday, November 13.
The Ukrainian Prime
Minister reminded that it concerns the funds obtained from Russia by former president
Viktor Yanukovych in 2013.
Arseniy Yatsenyuk, the Ukrainian Government suggested to all international
creditors to join a debt restructuring procedure: “All of them except
the Russian Federation agreed, therefore we have completed the procedure of rescheduling.
We had a final offer to Russia to negotiate on October 29, but Russia once
again refused. So, now it depends on Russia whether it is ready to continue the
talks or not."
Arseniy Yatsenyuk also added that the Government was
awaiting an IMF decision regarding changes in loan policy towards the countries
that have the appropriate financial difficulties with creditors "the sort
of a case that we have now with the Russian Federation".