Council Of Europe Publishes Draft Convention On Creating Claims Commission For Ukraine
On October 22, the Committee of Ministers of the Council of Europe is expected to approve the draft convention. On December 16, the Council of Europe and the Netherlands will convene a diplomatic conference to adopt the convention and open it for signature by other states.
The convention will cover internationally wrongful acts committed by Russia in or against Ukraine since February 24, 2022, but it will not exempt the aggressor state from responsibility for actions committed since February 20, 2014, and it leaves open the possibility of extending its application back to 2014.
Read also: PM Svyrydenko and International Register of Damages management discuss compensation mechanism for UkrainiansThe Commission will review claims for compensation submitted by all affected individuals, legal entities, and by the state of Ukraine, for Russia's unlawful acts on Ukrainian territory within its internationally recognized borders, including airspace, territorial waters, the exclusive economic zone, as well as any aircraft or vessel under Ukraine's jurisdiction.
Commissioners will determine the amount of compensation in each case, and their decisions will be final.
As reported earlier, the compensation mechanism obligating Russia to cover Ukraine's war damages is to be based in the Netherlands.
The initiative to establish a global compensation mechanism was launched by Ukraine's Ministry of Justice in May 2022, together with international partners. The mechanism is to include a Register of Damage, followed by a Claims Commission and a dedicated compensation fund.
In April 2024, the Register of Damage began operation as the first element of the international compensation mechanism designed to ensure redress for victims of Russian aggression.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Motif AI Enters Phase Two Of Its Growth Cycle
- 1Inch Unlocks Access To Tokenized Rwas Via Swap API
- Kucoin Presents Kumining: Embodying Simple Mining, Smart Gains For Effortless Crypto Accumulation
- With Seal, Walrus Becomes The First Decentralized Data Platform With Access Controls
- Jpmorgan Product Head Joins GSR Trading MD To Build Institutional Staking Markets
- Innovation-Driven The5ers Selects Ctrader As Premier Platform For Advanced Traders
Comments
No comment