On September 14 at the meeting of the Board of Directors of the International Monetary Fund ( IMF) Russia will vote against providing Ukraine a new tranche of the economic aid. Russia haven’t received its debt in the amount of $3 billion and is ready for pre-trial agreement, if Kiev changes its position. This was announced by the Russian Finance Minister Anton Siluanov , reports the Reuters .
For the IMF board to adopt a decision, it is necessary to have a simple majority of votes: Russia has 2.6 percent of the votes compared to 16.54 percent of the US vote. According to Siluanov, Russia has not coordinated its position with the representative of other countries included in the Board of Directors. In February Russia applied to London's Supreme Court, requiring the Ukrainian government to repay the Eurobonds, the terms of which expired on December 20 of 2015 and pay the interest, on which the Ukrainian government imposed a moratorium.
"All the attempts to come to an agreement with Russia are in fact false . They have no real basis . Today we 'll submit all our considerations in the form of a letter to the IMF Managing Director , Ms. Lagarde . The Foundation probably does not have complete information about the volume of the negotiations , although it would have been strange , " Siluanov said .
The head of the Russian Finance Ministry has approved the meeting with the Minister of Finance of Ukraine Alexander Danilyuk that will take place during the annual meetings of the IMF and the World Bank Group in Washington in October . " We are ready for pre-trial agreements in regard to the Ukrainian debt. In fact, there are plans to meet with the Ukraine Minister of Finance in Washington D.C. through the mediation of Germany… But we will be ready to discuss issues regarding pre-trial agreements , provided that the proposals of the Ukrainian side differ significantly from the ones , the commercial lenders agree upon. We can not agree, if the Ukrainian side will adopt the same position . If it continues in the same spirit, these talks will not be constructive. " he added.
