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'Settlement of Ukrainian crisis impossible without lifting all sanctions against Russia' - Medvedev
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Russian Security Council Deputy Chairman Dmitri Medvedev said that the 'Ukrainian crisis' was impossible to resolve 'without lifting of all sanctions against the Russian Federation', while addressing a plenary session of the 12th St Petersburg International Legal Forum (SPILF) on Thursday.

"Let me be clear: a settlement of the Ukrainian crisis is impossible without lifting of all sanctions against the Russian Federation. Regardless of what our partners are saying, the sanctions are still in place, as is the crisis. We must assess all real damage caused to our economy, Russian citizens and Russian companies, as well as lost profits from the restricted business activities. And in the future, compensation claims will be made both in our country and in foreign jurisdictions," he said.

Medvedev also urged the world to take decisive action in order to 'eradicate modern colonial practices', saying it was necessary to create 'truly operational' instruments to identify and assess 'colonial crimes'.

"Such instruments must be truly operational at the supranational level. They must be transformed into jurisdictional mechanisms for addressing specific complaints and paying reparations, including for predatory resource extraction, the slave trade and one-sided deals," he added.

Last month, the European Commission said that the windfall profits from frozen Russian assets "will be available to support Ukraine from July 2024 with biannual payments". Subsequently, Russian President Vladimir Putin signed a decree granting Russian courts the right to use US property in the country to compensate for the seizure of state assets.

On Monday, EU High Representative for Foreign Affairs and Security Policy Josep Borrell told a news conference in Luxembourg that EU foreign ministers had approved the transfer of 1.4 billion euros from Russia's frozen assets to the European Peace Fund, before it would be 'used in the safest possible manner, for the benefit of Ukraine'.

Since the beginning of the military action in Ukraine, at least 60 countries have joined the EU and US with sanctions policies on the Russian economy and adopted 14 packages that have included more than 15,000 restrictions.

The restrictions cover financial, defence, energy, transport and technology sectors, as well as the spheres of culture, science and industry. A number of sanctions were also imposed against certain individuals and organisations.

Moscow has repeatedly claimed that such restrictions will only 'boomerang' on those attempting to impose them.

Moscow launched a military offensive in Ukraine in late February 2022 after recognising the independence of the Donetsk and Lugansk People's Republics (DPR and LPR), claiming that Kiev had failed to guarantee their special status under the 2014 Minsk Agreements, and urging Ukraine to declare itself officially neutral and give assurances that it would never join NATO.

Kiev denounced the Russian action as an invasion. Ukraine's leader Volodymyr Zelensky imposed martial law throughout the country, announcing a general mobilisation, while the EU and the US imposed several rounds of sanctions on Moscow.

'Settlement of Ukrainian crisis impossible without lifting all sanctions against Russia' - Medvedev

Russian Federation, St Petersburg
يونيو ٢٧, ٢٠٢٤ at ١٦:٠٥ GMT +00:00 · Published

Russian Security Council Deputy Chairman Dmitri Medvedev said that the 'Ukrainian crisis' was impossible to resolve 'without lifting of all sanctions against the Russian Federation', while addressing a plenary session of the 12th St Petersburg International Legal Forum (SPILF) on Thursday.

"Let me be clear: a settlement of the Ukrainian crisis is impossible without lifting of all sanctions against the Russian Federation. Regardless of what our partners are saying, the sanctions are still in place, as is the crisis. We must assess all real damage caused to our economy, Russian citizens and Russian companies, as well as lost profits from the restricted business activities. And in the future, compensation claims will be made both in our country and in foreign jurisdictions," he said.

Medvedev also urged the world to take decisive action in order to 'eradicate modern colonial practices', saying it was necessary to create 'truly operational' instruments to identify and assess 'colonial crimes'.

"Such instruments must be truly operational at the supranational level. They must be transformed into jurisdictional mechanisms for addressing specific complaints and paying reparations, including for predatory resource extraction, the slave trade and one-sided deals," he added.

Last month, the European Commission said that the windfall profits from frozen Russian assets "will be available to support Ukraine from July 2024 with biannual payments". Subsequently, Russian President Vladimir Putin signed a decree granting Russian courts the right to use US property in the country to compensate for the seizure of state assets.

On Monday, EU High Representative for Foreign Affairs and Security Policy Josep Borrell told a news conference in Luxembourg that EU foreign ministers had approved the transfer of 1.4 billion euros from Russia's frozen assets to the European Peace Fund, before it would be 'used in the safest possible manner, for the benefit of Ukraine'.

Since the beginning of the military action in Ukraine, at least 60 countries have joined the EU and US with sanctions policies on the Russian economy and adopted 14 packages that have included more than 15,000 restrictions.

The restrictions cover financial, defence, energy, transport and technology sectors, as well as the spheres of culture, science and industry. A number of sanctions were also imposed against certain individuals and organisations.

Moscow has repeatedly claimed that such restrictions will only 'boomerang' on those attempting to impose them.

Moscow launched a military offensive in Ukraine in late February 2022 after recognising the independence of the Donetsk and Lugansk People's Republics (DPR and LPR), claiming that Kiev had failed to guarantee their special status under the 2014 Minsk Agreements, and urging Ukraine to declare itself officially neutral and give assurances that it would never join NATO.

Kiev denounced the Russian action as an invasion. Ukraine's leader Volodymyr Zelensky imposed martial law throughout the country, announcing a general mobilisation, while the EU and the US imposed several rounds of sanctions on Moscow.

Pool for subscribers only
Description

Russian Security Council Deputy Chairman Dmitri Medvedev said that the 'Ukrainian crisis' was impossible to resolve 'without lifting of all sanctions against the Russian Federation', while addressing a plenary session of the 12th St Petersburg International Legal Forum (SPILF) on Thursday.

"Let me be clear: a settlement of the Ukrainian crisis is impossible without lifting of all sanctions against the Russian Federation. Regardless of what our partners are saying, the sanctions are still in place, as is the crisis. We must assess all real damage caused to our economy, Russian citizens and Russian companies, as well as lost profits from the restricted business activities. And in the future, compensation claims will be made both in our country and in foreign jurisdictions," he said.

Medvedev also urged the world to take decisive action in order to 'eradicate modern colonial practices', saying it was necessary to create 'truly operational' instruments to identify and assess 'colonial crimes'.

"Such instruments must be truly operational at the supranational level. They must be transformed into jurisdictional mechanisms for addressing specific complaints and paying reparations, including for predatory resource extraction, the slave trade and one-sided deals," he added.

Last month, the European Commission said that the windfall profits from frozen Russian assets "will be available to support Ukraine from July 2024 with biannual payments". Subsequently, Russian President Vladimir Putin signed a decree granting Russian courts the right to use US property in the country to compensate for the seizure of state assets.

On Monday, EU High Representative for Foreign Affairs and Security Policy Josep Borrell told a news conference in Luxembourg that EU foreign ministers had approved the transfer of 1.4 billion euros from Russia's frozen assets to the European Peace Fund, before it would be 'used in the safest possible manner, for the benefit of Ukraine'.

Since the beginning of the military action in Ukraine, at least 60 countries have joined the EU and US with sanctions policies on the Russian economy and adopted 14 packages that have included more than 15,000 restrictions.

The restrictions cover financial, defence, energy, transport and technology sectors, as well as the spheres of culture, science and industry. A number of sanctions were also imposed against certain individuals and organisations.

Moscow has repeatedly claimed that such restrictions will only 'boomerang' on those attempting to impose them.

Moscow launched a military offensive in Ukraine in late February 2022 after recognising the independence of the Donetsk and Lugansk People's Republics (DPR and LPR), claiming that Kiev had failed to guarantee their special status under the 2014 Minsk Agreements, and urging Ukraine to declare itself officially neutral and give assurances that it would never join NATO.

Kiev denounced the Russian action as an invasion. Ukraine's leader Volodymyr Zelensky imposed martial law throughout the country, announcing a general mobilisation, while the EU and the US imposed several rounds of sanctions on Moscow.

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