Following today’s call between the principals and advisors of the Ministry of Finance of Ukraine and the adhoc committee of international commercial creditors, the Ministry is pleased that engagement between bothparties on restructuring Ukraine’s sovereign debt is accelerating.
Next week will see intensified talks take place between advisors in London with a follow up call with theprincipals to assess progress on Friday,
5 June.
We reiterate Ukraine’s commitment to negotiate in a collaborative and good faith manner as perinternational principles. The Ministry is confident that a mutually beneficial agreement will be reached inaccordance with the targets agreed under Ukraine’s IMF program.
The Ministry of Finance also welcomes the statement from German Finance Minister Wolfgang Schäuble,noting the G7 Finance Ministers’ support for a successful resolution of Ukraine’s debt restructuring.
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