The number of claims of Ukrainian enterprises to Russia due to the occupation exceeds $ 4.5 billion - Yenin

Любезна Катерина
14:26, 03 May
The number of claims of Ukrainian enterprises to Russia due to the occupation exceeds $ 4.5 billion - Yenin
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Claims of Ukrainian companies that lost property and profits from Russia's aggression in Donbas and the occupation of Crimea have been filed in more than 12 commercial arbitrations. The total amount of claims is more than 4.5 billion US dollars.

The Deputy Minister for Foreign Affairs of Ukraine Yevhen Yenin told about it on the air of the TV channel Dim.

"Our claims are estimated at more than $ 4.5 billion. And we are actively encouraging our companies that have lost their property, lost profits, to go to arbitration and sue the Russian side for everything they have lost", - said Yenin.

He said that the trials have just begun, but already several arbitrations have the first positive decisions. In total, this is approximately $ 250 million.

The deputy minister also added that the main lawsuits are still pending, "the same Naftogaz has successfully passed the jurisdictional phase".

Although Russia is trying to appeal these decisions, this does not stop the decisions that have come into legal force. Yenin explained that a penalty is charged, and all this "falls on the shoulders" of the Russian taxpayers.

"And no matter how much the Russian side postpones the onset of absolutely obvious consequences, this will increase the price of the price more and more", - the deputy minister said.

He also added that the decision on these international lawsuits will still complicate the situation for Russia, which will be "in absolute isolation and will be forced to pay multibillion-dollar bills on lost lawsuits".

"All this will sooner or later lead to the restoration of peace on our land. We will prove to people that there is justice, and we will be proud to have been able to do so", - Yenin concluded.

What is known

  • Ukraine aims to recognize Russia as a state that sponsors terrorism. The consequences for Russia can be predicted with sanctions against Iran, which has no access to foreign investment, technology, and limited trade.
  • On March 20, a decree of Russian President Vladimir Putin came into force against foreign citizens owning land in Crimea.