Photo: Alexander Maksimenko / RIA Novosti
Russia does not recognize the decision of the international court of arbitration, obliging it to pay the Ukrainian company “Ukrnafta” compensation of 44.4 million dollars for loss of the property in Crimea, reports TASS with reference to the press service of the Russian Ministry of justice.
“The Russian Federation did not participate in the consideration of the claim. It does not recognize the legality of the decision in the first place in connection with absence of arbitrage jurisdiction on consideration of the claim”, — told the Agency.
Also they added that going to challenge the decision in accordance with international law.
Previously, on 16 April “Ukrnafta” has told about the victory in an international arbitration which considered a claim for compensation for the loss of 16 gas stations and several rooms, which became the property of Russia after the annexation of Crimea in 2014. The amount of compensation accounted for 44.4 million dollars.
Video, photo All from Russia.