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Administration of Sea Ports to demand more than 51 million dollars of compensation from Russia

Source : 112 Ukraine

The case will be submitted to international arbitration if the Russian Federation does not respond to it
14:34, 20 November 2019

Open source

The Administration of the Sea Ports of Ukraine (AMPU) files claims to the Government of Russia to pay compensation for the losses incurred due to the temporary occupation of the Crimea. This was reported on the website of the AMPU.

"The cost of state property, which was assigned to the branches of the AMPU and illegally appropriated by the self-proclaimed authorities of Crimea, is more than 51 million dollars,” the Administration of the Sea Ports of Ukraine stated.

AMPU has earlier provided information about the own assets on the Peninsula to the Ministry of Justice of Ukraine, which filed a general claim to the European Court of Human Rights.

Related: Administration of Sea Ports to invest 43,6 million USD in Ukrainian fleet development

"This time we are using the provisions of the Agreement on Promotion and Mutual Protection of Investments. The first step is to submit claims for compensation directly to the Government of the Russian Federation. If we do not receive an answer within six months, this case will be submitted to international arbitration," the head of the AMPU, Raivis Veckagans emphasized.

As we reported earlier, in the case of the Russian Federation’s defeat in the International Court of Justice, Ukraine will demand compensation for the financing of terrorism and racial discrimination in Crimea. It was stated by the Deputy Minister of Foreign Affairs of Ukraine, Olena Zerkal.

Related: Ukraine's Ministry estimates losses Russia took in captured Black Sea ports due to sanctions

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