Minister of Foreign Affairs Margus Tsahkna comments on the law adopted by the president allowing the use of frozen assets
Republic of Estonia - Ministry of Foreign Affairs
30.05.2024
I am glad that today, the president announced a law enabling the use of frozen Russian assets. Estonia continues to play a leading role in this issue and we are another step closer to creating a precedent that sets an example for Europe and the entire world.
This is a major step for us, for a just world, and above all, for the people of Ukraine, who have suffered so much.
There is no doubt that Russia has the responsibility to compensate for the damage and devastation caused by the war in Ukraine.
This law gives us the possibility to use the frozen assets of Russian companies and individuals who have contributed to this war. By using their assets as a down payment, we are influencing Russia to compensate for war damages.
I am convinced that the European Union and the G7 will also follow in our footsteps.
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