Kapustin: freeze debt payments will not liberate Kiev from the obligations
Ukrainian Law allows you to withhold payments on restructured their external debt obligations, illegal From the standpoint of law, but understandable in the context of the public interest, said Last news Director and member of Executive Committee of Russian Association of international law Anatoly Kapustin.
Ukraine's Parliament on Tuesday passed the government Law that allows you to suspend payments on restructured their external debt obligations. Also supported the proposal of the relevant Department about the fact that this Document will be valid until 1 July 2016.
As evidenced by the schedule of the act, in the list of obligations for which has the ability to be a moratorium on payments, and got the issue of Ukrainian Eurobonds for $ 3 billion, bought by Russia at the end of 2013. The document Also provides that in the case of the introduction of the Cabinet of Ministers of the moratorium creditors will not be able to pay the judicial recovery of state property.
"With the position of law is, of course, illegal, As it is a national act, and they will need eventually to solve the problem. And From a position of sovereignty and Supreme interests, If there is no alternative, we do sometimes, " said Kapustin Last news .
He said that such cases happened in international legal practice: "If the country has debts, but there is no way to pay, by virtue of its sovereignty, the state may take any steps to overcome this situation ".
"Some General rules on this issue, they do not refuse to fulfill their debt obligations, they want to restructure or defer. The Law itself does not provide any grounds for exemption from liability, " said the lawyer.
"If the agreement on debt restructuring were properly recorded, they (Ukraine) will incur international responsibility. Although, of course, you can't strangle, say - pull and pay, " said Kapustin.
He said that to predict How Ukraine will react to the Treatment With the application to pay the debt, it's hard." The law is not about cancellation And postponement. The treatment will be, but the state will decide to whom to give earlier, who later is the subject of the agreement ", - said the head of the Department.
in an international court, said Kapustin, had several cases on the issue of arrears and delays." in the 1970s, there was a situation where the Cubans did offer a number of Latin American countries not to pay the debts of the USA, but it was more of a propaganda campaign, " He said.
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