The Ministry of Finance of Ukraine, in a spirit
of collaboration and good faith, has agreed to meet with the ad hoc creditors’
committee at their request on Wednesday next in San Francisco, United
States.
However, given the legal and timing constraints
of reaching and implementing any settlement, failure to reach an agreement at
the sovereign level next week would force Ukraine to implement alternative
options for financing its IMF-supported program.
Due to these constraints, this meeting is the
final opportunity to reach a full agreement in advance of the September and
October Eurobond amortizations and next IMF review now planned for September.
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