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Ukraine's Zelenskiy proposes formal deal on compensation from Russia

Economy May 20, 2022 23:30
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© Reuters. FILE PHOTO: Ukraine's President Volodymyr Zelenskiy speaks during a news conference with Canadian Prime Minister Justin Trudeau (not pictured), as Russia's attack on Ukraine continues, in Kyiv, Ukraine May 8, 2022. REUTERS/Valentyn Ogirenko/File Photo

(Reuters) - Ukrainian President Volodymyr Zelenskiy on Friday proposed a formal deal with the country's allies to secure Russian compensation for the damage its forces have caused during the war.

Zelenskiy, who says Russia is trying to destroy as much of Ukraine's infrastructure as it can, said such a deal would show nations planning aggressive acts that they would have to pay for their actions.

"We invite partner countries to sign a multilateral agreement and create a mechanism ensuring that everybody who suffered from Russian actions can receive compensation for all losses incurred," he said in a video address.

Zelenskiy said that under such a deal, Russian funds and property in signatory nations would be confiscated. They would then be directed to a special compensation fund.

"That would be fair. And Russia will feel the weight of every missile, every bomb, every shell which it has fired at us," he said.

Canada said last month it would change its sanctions law to allow for seized and sanctioned foreign assets to be redistributed as compensation to victims or to help in rebuilding a foreign state from war.

Ukraine's Zelenskiy proposes formal deal on compensation from Russia
 

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Comments (2)
Tejas PATEL
Bright37 May 21, 2022 14:21
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Look like Ukarain president pretending like he runs NATO and EU.
David Lee
David Lee May 21, 2022 0:45
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Good thought ... setca precedent n Irag, Afghanistan n Syria can start similar action against who???
eldos kuri
eldos kuri May 21, 2022 0:45
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It's a new policy, no back dating
Sushil Kumar
Sushil Kumar May 21, 2022 0:45
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lol
 
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