«Yukos problem” associated with the seizure of property of the Russian Federation abroad, still can not decide. Experts explain the consequences of Moscow’s position
Russia will protect its assets abroad through legal and does not recognize the jurisdiction of the arbitral tribunal in The Hague – it was stated by Vladimir Putin. Russian President compared the current situation to the conflict with the Swiss company Noga. “We have been sued by Noga, well, after all, still all the problems solved. I think that is going to work in the same vein, in the framework of a civilized legal process to protect their interests, “- said the head of state. See also: Can arresting foreign exchange reserves of the Central Bank abroad?
Noga tried to collect the debt on the contracts for the supply of products signed by the Kremlin in 1991. Claims of the Bank of Russia were arrested accounts, sailfish “Sedov” planes at the air show in Le Bourget and paintings from the Pushkin Museum. The lawsuit was settled by agreement between the parties to the peace in the middle of the 2000s.
Putin also said that Russia does not recognize the jurisdiction of the Hague Court, because it is not a party to the European Energy Charter. He added: “What exactly will do our lawyers, it is necessary to ask them. There will be no secrets ».
Vladimir Putin
Russian President
The question of the seizure of assets was raised yesterday at a meeting with heads of international news agencies in the St. Petersburg International Economic Forum. Deputy Director of the Center for Legal and Economic Research at the School of Economics Mikhail Subbotin offers a compromise way to resolve the conflict that will be most beneficial for Russia.
Mikhail Subbotin
Deputy Director of the Center for Legal and Economic Research at the School of Economics
First Deputy Prime Minister Igor Shuvalov said the government has allocated funds for legal fees to protect Russian interests in the countries where Russian assets have been frozen. According to him hired law firms, but Russia is ready to provide political pressure and political interference.
In turn, the Minister of Economic Development Alexei Ulyukayev said Russia appealed to the International Court of Justice. The minister said in an interview with Michael Berger at the St. Petersburg Economic Forum
Alexei Ulyukayev
Minister of Economic Development of Russia
Earlier “Gazprom” filed suit against Lithuania in the arbitral tribunal in the Hague. Relevant information is available on the website of the court. Recently it was reported that Belgian bailiffs trying to use the Russian property to pay off the claims of the company, “Yukos Universal Limited” under the court decision. In particular, police officers sent by the Belgian banks prescription in the 15-day period to submit the list of assets of Russian companies in Belgium. Russian Foreign Ministry reported the arrest of accounts of the embassy in Belgium, as well as the permanent missions of Russia to the EU and NATO in Brussels. Also, action to freeze Russian assets were made in France.
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