Ukraine plans to seek at least $300 billion in war reparations from Russia

Damages caused by Russia during the war significantly exceed the amount of $300 billion
Damages caused by Russia during the war significantly exceed the amount of $300 billion
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“We want compensation for all the damage that Russia has caused to Ukraine with its aggressive war,” Malyuska said.

Read also: Russia Must Pay Reparations

Ukraine also wants to achieve the adoption of a UN General Assembly resolution that will be the basis for the creation of an international compensation mechanism.

According to German news agency DPA, the damage Ukraine has suffered as a result of the Russian attack is much higher, but the amount of $300 billion corresponds to the international assets of the Central Bank of Russia, which were frozen under sanctions.

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Malyuska also demanded access not only to these funds, but also the foreign assets of Russian state-owned enterprises and confiscated property of Russian oligarchs.

European Investment Bank chief Werner Hoyer said in late June that Ukraine may need as much as EUR 1 trillion ($1.1 trillion) in outside assistance to repair the damage inflicted by Russia’s invasion.

Read the original article on The New Voice of Ukraine