If Ukraine wins the Crimea-related lawsuit against Russia in the Hague Arbitration Court, it can subtract any state property that belongs to Russia. Atlantic Council expert Anders Aslund said this as quoted by the Voice of America.
'According to the New York convention of 1958, the winning party has the right to collect state property pretty much anywhere in the world and western countries do apply it. The legal costs are high and it is slow, but it works', he said.
As is known, the Hague Arbitration Court previously ruled that Russia is responsible for violating the rights of Ukrainian investors, and it should make up losses for Ukrainian companies to the amount of 159 million U.S. dollars.
