For justice and compensation. Ukraine takes Russia to the international courts Cover Image

For justice and compensation. Ukraine takes Russia to the international courts
For justice and compensation. Ukraine takes Russia to the international courts

Author(s): Krzysztof Nieczypor
Subject(s): Politics, Governance, Public Administration, Public Law, Geopolitics
Published by: Ośrodek Studiów Wschodnich im. Marka Karpia
Keywords: Ukraine; Russia; international courts
Summary/Abstract: On 2 May, the Permanent Court of Arbitration based in The Hague passed a ruling in a case brought by a group of Ukrainian companies and one individual against the Russian Federation. It unanimously granted their claims to the assets lost as a consequence of the annexation of Crimea and imposed an obligation on the Russian side to pay US$159 million in compensation. This verdict is the first to have been delivered in a number of cases brought by Ukrainian private companies and the Ukrainian state to the Permanent Court of Arbitration and the International Criminal Court, the International Court of Justice and the European Court of Human Rights linked to the Russian occupation of the Crimean Peninsula and Russian military operation in eastern Ukraine.After the ruling passed in February this year by the Stockholm Arbitration Court in the dispute between Naftogaz and Gazprom, that of the Hague Court is another success attained by the Ukrainian side in international courts. It proves that the legal measures taken by Ukraine are successful and will become an instrument to be employed in Ukraine’s foreign and domestic policy, especially in the face of subsequent rulings expected to be favourable to Kyiv. However, since the Russian Federation has refused to recognise the court decisions, enforcing the payment of the compensation will be a long and complicated process. Therefore, Ukrainian companies will make efforts to take over assets owned by the Russian state located in Ukraine.

  • Page Count: 8
  • Publication Year: 2018
  • Language: English