Kyiv ready both for debt restructuring talks with Russia, delay caused by …
Ukraine is ready to start immediate talks with Russia over the restructuring of the $3 billion Eurobonds, without giving it any advantage in comparison to other creditors, the country’s president Petro Poroshenko has said.
However, this process is being hindered by Russia’s attempt to politicize it, he said. “I think that we neither will, nor should allow it [the process] to be politicized. If it threatens us with a lawsuit – that is the right of every investor. We are ready to defend Ukrainian interests both during negotiations and in a courtroom,” the president told a press conference in Kyiv on Thursday.
Ukraine cannot violate its obligations to the creditors who took part in the restructuring of a biggest portion of the debt within the restructuring perimeter, Poroshenko said.
He also expressed his opposition to Moscow’s proposals to get other countries or parties to act as guarantors of the obligations on restructuring. “The attempts to get other states’ guarantees included in this process also violate the conditions under which the debt was restructured with other creditors,” Poroshenko said.
Ukraine demonstrates maximum openness and readiness for talks, he said.