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Russia refuses to recognize the Hague Arbitration Court decision on Ukraine's assets in Crimea
Russia does not recognize the decision the Permanent Court of Arbitration in The Hague confirming Russia's liability for the loss of Naftogaz assets in the annexed Crimea, reports Radio Liberty.
“The Russian Federation did not participate in these proceedings and does not recognize this partial decision due to the absence of Arbitration Court’s jurisdiction over the Naftogaz and others’ claim against the Russian Federation,” stated the press service of Russia’s Ministry of Justice.
The …
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Hungary plans to build a bridge to Ukraine
Hungary plans to build a new bridge over the Tisza River near the Transcarpathian city of Chop, stated the Embassy of Ukraine in Hungary.
On Friday, March 1, the Deputy State Secretary for Regional and Border Cooperation of the Hungarian Foreign Ministry Peter Kiss and Hungarian Ambassador to Ukraine István Ijdyarto held a bilateral meeting at the Ministry of Infrastructure of Ukraine.
“The Hungarian side noted that a feasibility study will be conducted to build a new bridge over the Tisza …
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Venezuela is ready to supply oil to Russia
Venezuela is ready to supply oil to Russia, Executive Vice President Delcy Rodriguez said at a meeting with Russian State Duma Chairman Vyacheslav Volodin.
“We continue our cooperation and we have a very rich and busy agenda. We are working on a number of issues in the field of energy, military-technical cooperation, finances, and economy. Russia has everything that Venezuela needs. For its part, Venezuela can supply oil that Russia needs,” Rodriguez said.
She believes that it is a good …
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Media: head of LPR is terminally ill and Kremlin is already looking for a replacement
Liga.net citing anonymous sources reported that the head of the LPR (Luhansk People’s Republic) Leonid Pasechnik is terminally ill and, based on doctor’s prognosis, he has no more than six months to live.
The source said that the Kremlin is already looking for a replacement for Pasechnik. As a replacement for Pasechnik, Moscow could use the former LPR militant leader Igor Plotnitsky, who at the moment, is hiding in Russia.
“Maybe Deynego (Minister of Foreign Affairs of the LPR). All decisions …
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Russian officer and his partner convicted of spying for Ukraine
The Center for Public Relations of the FSB stated that a serviceman of the Black Sea Fleet and his common-law spouse were convicted of espionage in favor of Ukraine, reports TASS.
Major Dolgopolov was sentenced to 10 years in prison. His girlfriend, Sukhonosova received 9 years.
On February 28th, a Russian court found them guilty of committing a crime under article 275 of the Russian Criminal Code (state treason). They are charged with espionage by peddling state classified information. The …
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Ukraine receives €529 million loan under World Bank’s guarantee
On February 28, Ukraine obtained a loan of 529 million euro from Deutsche Bank under the World Bank’s guarantee for supporting the state policy on economic growth, reported the Ukrainian Finance Ministry.
The loan comes in two tranches. Tranche A in the amount of 240 million euro matures in 4 years and Tranche B in the amount of 289 million euro matures in 10 years. The second part of an existing guarantee for the whole amount of 750 million dollars was used for this loan.
Ukraine obtained …
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Ukraine's Naftogaz achieves interim victory in the Crimean assets lawsuit against Russia
Naftogaz of Ukraine has achieved an interim victory in The Hague arbitration in its lawsuit against Russia regarding the seizure of assets in annexed Crimea. On Friday, CEO of Naftogaz of Ukraine Andriy Kobolyev stated at a briefing that the Court recognized that Russia had violated a bilateral agreement on reciprocal investment protection.
"Naftogaz of Ukraine received the arbitration decision in The Hague where the lawsuit against Russia on the lost assets in the Crimea and on the shelf of …
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Volker: Our perception of Russia is completely different than 5 years ago
US State Department Special Representative for Ukraine Kurt Volker told Voice of America in an interview that the US has already worked out a system to respond to challenges from Russia.
Five years ago, when the “green men” captured Crimea, the West reacted too slowly, Volker admitted while speaking at an international forum in Kyiv. Today, the situation has changed, and if there is escalation, the West will not take its time.
“We now perceive Russia completely differently to five years ago. …
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Ukrainian Foreign Minister: Constitutional Court ruling could lead to 'crisis of trust' with EU
Ukrainian Foreign Minister Pavlo Klimkin believes that the EU will not revoke its visa-free regime with Ukraine in light of the Constitutional Court’s recent controversial decision to declare the “illegal enrichment” article of the Criminal Code unconstitutional.
“The telephone is ringing non-stop with phone calls asking: ‘What’s going to happen to the visa-free scheme in light of the Constitutional Court’s high profile decision?’ Let’s try to calm down. I am confident that the EU will not …
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Belarus asks Russia for loan to repay $600 million debt
Minsk has asked Moscow for a loan to refinance the debt of $600 million, said Maxim Yermolovich, Minister of Finance of Belarus, BelTA reported.
“We have been discussing the possibility of refinancing the entire amount of the payments on Russian government loans in 2019. The amount of these payments is $600 million,” he said.
According to the minister, the implementation of these plans depends on the decision of the Russian government to approve the loan. Yermolovich added that the funds for …