The amount of reparations that Ukraine will demand from Russia has become known

10 September 2022, 07:53 | Ukraine
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Ukraine will demand reparations from the Russian Federation in the amount of at least $ 300 billion due to losses inflicted by a full-scale invasion. This was announced by the Minister of Justice of Ukraine Denis Malyuska.

According to the minister, at the UN General Assembly, Ukraine intends to achieve the adoption of a resolution that will become the basis for the creation of an international mechanism for reparation..

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Ukraine's losses as a result of a full-scale invasion are much higher, but the mentioned amount corresponds to the assets of the Bank of Russia frozen under the sanctions in the G7 countries.

According to the minister, Ukraine demands access to these funds, as well as foreign assets of Russian state-owned enterprises and confiscated property of Russian oligarchs..

Brussels began to prepare a legal framework for the transfer of frozen Russian assets, including the property of oligarchs, for the restoration of Ukraine after the end of hostilities back in July.



Since the beginning of the full-scale Russian invasion, dozens of countries around the world have seized Russian assets in their banks and agreed to transfer them to Ukraine. But this process is extremely complex, since there are legal, economic and political barriers to its implementation..

According to the KSE Institute, the total amount of direct damage to Ukrainian civilian and military infrastructure as of September 5, 2022 amounted to $114. 5 billion.




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