SITUATION REPORT

Ukraine: Russia Rejects Arbitration Ruling on Crimean Assets

Nov 27, 2018 | 13:30 GMT

The International Court of Arbitration has awarded $1.3 billion to Ukraine’s second largest state-owned bank, Oschadbank, in its compensation case against Russia due to the loss of business and assets in Crimea following Moscow's 2014 annexation of the peninsula, the Kyiv Post reported Nov. 26, but Russia has refused to accept the ruling....

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