Kiev prepares to win billions of dollars in dispute with Russia

The Ministry of Finance of Ukraine announced that it would win the dispute over Eurobonds from the Russian Federation

Ukraine is convinced that the Supreme Court of Great Britain will rule in its favor, and is preparing to win the dispute over Eurobonds worth three billion dollars, RIA Novosti writes with reference to the country's Ministry of Finance.

Ukraine, as indicated in the message, presented its position on the claim filed by Russia. Kiev, the ministry said, has consistently argued that it was forced to conclude an agreement on the issue of Eurobonds as a result of “threats carried out by Russia.” Therefore, Ukraine's position is that the issue of bonds should be invalidated as compulsory, or it is necessary to stop judicial proceedings.

The bonds were placed at the end of 2013, until the end of 2015 Kiev serviced the debt, but then defaulted … The Russian Finance Ministry filed a lawsuit with the High Court of London and won it in March 2017. Ukraine filed a complaint, and the Court of Appeal of England found that the argument about Russian pressure could not be dismissed without a comprehensive legal process. nine month. At the end of the hearing, Chief Justice Lord Robert John Read called the case interesting and very difficult. “Now we will need time to consider what was said by both sides. We are grateful for the detailed discussions we listened to. We will make a decision in due time, “he added.

Comments

comments