Lugansk Republic hands over body of observer killed in land mine blast to OSCEWorld April 24, 9:39
How Arctic residents adapt to global warmingScience & Space April 24, 9:32
Reconstruction of two Arctic airports to cost some $4.9 millionBusiness & Economy April 24, 8:54
Emmanuel Macron and Marine Le Pen to face each other in runoffWorld April 24, 8:13
Danish defense minister accuses Russians of hacking into his staff’s emailsWorld April 24, 7:50
PROFILE: Emmanuel Macron poised to become France’s youngest presidentWorld April 24, 6:44
North Korea ready to carry out nuclear test at any time — expertsWorld April 24, 5:56
Swedish think tank puts Russia in world’s top three biggest defense spendersMilitary & Defense April 24, 4:35
Ukraine reconciliation meeting in Minsk postponed over OSCE car blastWorld April 24, 3:21
MOSCOW, June 18. /TASS/. The claims to Russia’s property in Belgium need to be challenged in court, Russian Foreign Minister Sergey Lavrov said on Thursday.
"This needs to be challenged in a judicial procedure. If there are breaches of law, then we will take the legal steps against this," Lavrov said in a statement posted on the Foreign Ministry’s official page in the VKontakte social network.
"I have not seen the documents," he said, in reply to a question by the Echo Moskvy radio station at the St. Petersburg economic forum.
This came as comment on Belgium’s claims to Russian assets in the Yukos case.
In 2014, The Hague Arbitral Tribunal ruled that Russia should pay almost $50 billion to the companies affiliated with the former Yukos shareholders -Hulley Enterprises Limited (Cyprus), Veteran Petroleum (Cyprus) and Yukos Universal Limited (Isle of Man). The court ruled that Russia’s actions against Yukos could be regarded as expropriation of investments in breach of Article 45 of the Energy Charter which Russia had signed in the 1990 but never ratified.
Moscow has repeatedly expressed disagreement with the court’s ruling. The Russian Finance Ministry said in a statement that Yukos had not been subject to discrimination and that the actions of the government bodies were not politically-motivated. In addition to that, the Hague Arbitration Court had no jurisdiction to pass such a decision.
The attempts to use Russian property to enforce the decision have been made by France and Belgium.