stefanchuk-spoke-at-the-helsinki-hearings-in-favor-of-using-russian-assets-to-compensate-for-war-damage

Stefanchuk spoke at the Helsinki hearings in favor of using Russian assets to compensate for war damage

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At a hearing at the US Helsinki Commission, Ukrainian parliament speaker Ruslan Stefanchuk advocated using Russian assets to compensate for more than $400 billion in damages caused by the war in Ukraine. He stated that this approach is legitimate from the point of view of international law.

At the Helsinki Commission hearings in the United States, Stefanchuk reminded of the legitimacy of using Russian assets to compensate Ukraine

Speaker of the Parliament of Ukraine Ruslan Stefanchuk, during his speech at the hearings of the Helsinki Commission, emphasized that the damage caused to Ukraine as a result of Russian aggression exceeded $400 billion and continue to grow every day,  and noted that the best solution for compensation would be to use Russian sovereign and private assets.

This was reported by UNN with reference to Facebookpage of Ruslan Stefanchuk's Facebook page.

Details

The speaker of the Ukrainian parliament spoke about his speech at the US Helsinki Commission's hearing "Making Russia Pay: Confiscating Sovereign Assets for Ukraine's Victory". In his speech, he cited the World Bank's estimates, according to which, as of spring 2023, the damage caused to Ukraine exceeded $400 billion. But, as Mr. Stefanchuk pointed out. Stefanchuk pointed out, it is currently difficult to give an up-to-date estimate of Ukraine's losses in the war is difficult, as the numbers are growing every day. are growing every day. Nevertheless, Russia must to pay for all losses and damages.  

We cannot wait for the war to end. The best legal instrument for compensating Ukraine and Ukrainians for the damage caused by Russian aggression is the use of Russian sovereign and private assets. From the point of view of international law, such an approach is completely legitimate

, Stefanchuk said.

He also noted that Russian sovereign assets should be confiscated and transferred to the victims of aggression through a transparent international mechanism.

SEE ALSO: Ukrainian delegation to the U.S. meets with Secretary of State Blinken and Secretary of Defense Austin: they discussed weapons production and

Separately, the Chairman of the Verkhovna Rada of Ukraine noted that he was grateful for the leadership in supporting Ukraine, drawing the attention of members of Congress to all aspects of Russia's war against Ukraine and the need to bring the aggressor to justice.

Reference

Commission on Security and Cooperation in Europe (US Helsinki Commission) is an independent US government agency established by the Congress in 1975. The main purpose of its creation is to monitor compliance with the Helsinki Final Act, which served as the basis for the OSCE OSCE.

SEE ALSO: US Senate blocks bill to help Ukraine

Ihor Telezhnikov

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