Ukraine does not agree on certain of foreign debt restructuring principles, proposed by the committee of creditors, holding in aggregate approximately $10 billion of instruments within the perimeter of Ukraine's debt operation, reads a Finance Ministry presentation for the creditors, promulgated at a meeting in Washington on Saturday night.

"The advisors to this committee have forwarded to the Ukrainian side a paper describing certain restructuring principles. Ukraine does not agree on certain of these principles," reads the document.

According to the document, in the spirit of the creditor consultation process announced in March, Ukraine is currently engaging at the advisor-to-advisor level with the committee. The Finance Ministry said that the committee, consisting of five creditors, attracted Blackstone and Weil, Gotshal & Manges LLP as advisors.

"Negotiations with the creditors will take place in April and May. The talks will aim at achieving IMF targets, being targets 1-3 for sovereign, sovereign guaranteed, but only target 1 for state-owned entities," reads the presentation.