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Klimkin: Ukraine to sue Russia for more than $50 billion

Ukraine will demand compensation from Russia for annexation of Crimea and aggression in Donbas in the international courts. The estimated amount of claims will exceed $50 billion
Klimkin: Ukraine to sue Russia for more than $50 billion

Ukraine will demand compensation from Russia annexation of Crimea and aggression in Donbas in the international courts for more than $50 billion , Foreign Minister Pavlo Klimkin announced,  Joinfo.ua reports.

“We already know what compensation we demand. We are talking about billions of dollars. And the billions of dollars in different suits. I think the amount of some claims may be equal to the” Yukos case “(Yukos sued Russia for $50 billion in The Hague, – ed.),” – the minister said.

“We took into account every last thing. Even the cost of natural resources, including sand, which we can not use,” – said the head of the Ukrainian Foreign Ministry.

Commenting the claims, he added: “The International Court of Justice still has not been addressed with claims concerning the non-fulfillment of the International Convention for the Suppression of the Financing of Terrorism. And if we can prove that Russia as a state has funded and is funding terrorism, it can result in totally unforeseen consequences for Russia.”

“It may have additional restrictions that may be imposed on Russia in the course of its cooperation with the international institutions. Also Russia can be banned to participate in some international legal formats,” – the Minister commented on the possible consequences.

In response to a question about whether it is possible for this to mean the international isolation of Russia, he said: “Yes, to a significant extent.”

The minister said that the rendering of such judgments should not be expect in the short term perspective, “This is the question of four to six years.”

Earlier, it was reported that the EU and the US are planning to renew and next year new sanctions against Russia.

It should be recalled that the United States and the European Union are going to extend the new anti-Russian sanctions for the next year.