PACE Backs Using Frozen Russian Assets to Compensate Ukraine
- The Parliamentary Assembly of the Council of Europe’s (PACE) Legal Affairs Committee has approved a mechanism that could use frozen Russian Central Bank assets to pay compensation awarded to Ukraine under Strasbourg Court rulings.
- The committee said repurposing Russian state assets for such payments would constitute a “lawful countermeasure under international law,” strengthening efforts to make Moscow financially accountable for abuses committed during its war against Ukraine.
- JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official.
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- The Parliamentary Assembly of the Council of Europe’s (PACE) Legal Affairs Committee has approved a mechanism that could use frozen Russian Central Bank assets to pay compensation awarded to Ukraine under Strasbourg Court rulings.
- The committee said repurposing Russian state assets for such payments would constitute a “lawful countermeasure under international law,” strengthening efforts to make Moscow financially accountable for abuses committed during its war against Ukraine.
- JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official.
Sources: Kyivpost