• Kremlin: Russia does not recognize Hague arbitration court decision on compensating Ukraine for property lost in Crimea

    The Russian Ministry of Justice does not recognize the decision of the International Permanent Court of Arbitration in the Hague, which on May 9 ordered Russia to compensate Ukrainian companies for lost assets after the annexation of Crimea in 2014.

    "Russia does not recognize the above-mentioned decision due to the lack of arbitration jurisdiction to consider the aforementioned claim", the Ministry's press service stated.

    On May 9, the representative office of the President of Ukraine in the …

  • Kyiv: Russia may charge the crew of detained Ukrainian shipping vessel with terrorism

    The members of the crew of the Ukrainian fishing vessel YAMK-0041 that Russian border guards detained near Russian-annexed Crimea could be accused of terrorism. This assumption on Radio Krym.Realii was expressed by Deputy Head of State Border Service of Ukraine Oleh Slobodyan.

    Slobodyan explained that the Russian government is now trying to make the crew criminally responsible for anything from terrorism to arms smuggling. He said the objective is to paint the crew as not simply offenders but …

  • Ukraine intends to nationalize Russian-owned companies

    A bill to nationalize the property of Russian companies and banks in Ukraine was introduced for consideration by the Verkhovna Rada. The author of the document is People's Deputy Roman Zvarych from the Petro Poroshenko Bloc faction.

    The explanatory note for the bill says that such a measure at the legislative level will allow the government to apply sectorial sanctions to Ukrainian legal entities that carry out economic activities jointly with an "aggressor power."

    To "promptly and …

  • Kyiv calls on Ukrainian companies to sue Russia for property lost in Crimea

    The Ministry of Foreign Affairs has called on Ukrainian companies to sue Russia for property lost in the annexed Crimea, as reported by Olena Zerkal, Ukrainian Deputy Minister of Foreign Affairs for European Integration, in a Facebook post.  

    She commented on the decision of the Arbitration Court in The Hague to compensate Ukrainian investors $159 million for lost assets.

    "The text and procedure are currently confidential…[but] we can report that the arbitrators have recognized the following: …

  • Lavrov: US withdrawal from Iran nuclear deal threatens to destabilize Middle East

    TASS news agency reports that Russia’s Minister of Foreign Affairs, Sergey Lavrov, said the US withdrawal from the Tehran nuclear deal threatens to destabilize the Middle East.

    "As for unilateral US sanctions, there's nothing we can do about that. But this is another thing; it cannot concern lifting sanctions introduced by the UN Security Council. This [decision] is not subject to revision," said Lavrov.

    According to the Minister, the decision by US President Donald Trump to withdraw from the …