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Moscow warns Kiev of proportionate reply to seizure of Russian property

March 20, 2014, 22:14 UTC+3 MOSCOW
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MOSCOW, March 20. /ITAR-TASS/. Moscow will reply proportionately and adequately to Kiev’s attempts to seize Russian property in Ukraine and abroad, the Foreign Ministry said on Thursday, March 20.

“The minister of justice of Ukraine has threatened to compensate Ukraine for the damage from some nationalisation of Ukrainian property in Crimea at the expense of the property of the Russian Federation, including the property of Gazprom. We will regard any encroachments by the Ukrainian authorities upon Russian property, including abroad, as a gross violation of international law and the principle of state sovereignty. Naturally, we will reserve the right to take adequate and proportionate countermeasures,” the ministry said.

It said “threats against concrete Russian commercial companies, specifically Gazprom” were especially surprising.

“According to the Constitution of Ukraine, private ownership is inviolable, and forced alienation of private property may be possible only after advance and full reimbursement of its value,” the ministry said.

“In addition, the property of commercial business entities, like Gazprom, will be fully covered by the effective Russian-Ukrainian Agreement on the Encouragement and Mutual Protection of Investments of 1998,” the ministry added.

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