Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

June 18, 2015 15:35


Vladimir Putin pointed at the incompetence of the decision of the Hague Arbitration on the claim of ex-shareholders of YUKOS on recovery of 50 billion dollars from Russia.

The court resolution is based on the European Energy Charter that was not ratified by Russia. This was announced by the Head of State at a meeting with heads of international news agencies during SPIEF-2015. The President’s words were quoted by TASS on Saturday, June 20. “Russia has not ratified the Charter, so we do not recognize the jurisdiction of this court, and we will prove it in a prescribed manner, through legal procedures” - Putin said.

He noted that Russia would try to resolve the problem “the way it did earlier in the case with the claim of the Swiss company Noga”. Putin stressed that there must be a reaction following the arrest of Russian property abroad. “We will defend our interests” - he said. On June 18 an intention to defend Russia’s position in the court was announced by the Russian presidential aide Andrei Belousov. He noted that internationally recognized lawyers were involved in this case. The prosecution of Russia in Europe will be a prolonged international scandal.

On June 17 the authorities of Belgium and France arrested a part of Russian property in these countries. The sanction was imposed as a part of compensation for the claim of former shareholders of YUKOS.


Author: Anna Dorozhkina

Tags: YUKOS     

Next Previous

You might also find interesting:

Unemployment Skyrockets The Murder Of Boris Nemtsov Had No Customers Wages Decrease Ministry of Finance Counts On Reserve Fund Poverty Growth

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Gay  Russian dairy   Russian painting  Russian Realism  VTB  Exhibitions in Moscow  George Harrison  Irina Yarovaya  Ural Federal University   Chudskoe Lake  Russian business  Moscow  Russian designers  Seventh Continent  physics  Perm  TNK-BP  Russian tourism  Archeology  Paleontological Finds  Altai  cultural cooperation  Russian history  Mars One  Travel  Russian trains  Batteries  Russia composers  corruption  Russian Cinema  Antique  Mercedes-Benz Fashion Week Russia  Tula Region  humanities in Russia  APEC  Stepan Pisakhov  Russia  Russian art  Olympic Games 2012  Russian Literature  Russian tourists  Primorye  inventions  Painting  Alexander III  Western media  Monuments to People  Russian social networks  Historical Exhibitions  Erwin Wurm 

Travel Blogs
Top Traveling Sites