"Ukraine's President Volodymyr Zelenskyy and other European leaders were set to meet in The Hague on Tuesday to launch an international Claims Commission to compensate Kyiv for the damage caused by Russia since its full-scale invasion in 2022. The conference is being hosted by the Netherlands and the Council of Europe, a group of 46 nations the continent's top human rights organization. European Union foreign policy chief Kaja Kallas will be among the dozens of senior officials attending the one-day meeting."
"Over 50 countries and the EU have drafted a Council of Europe convention to create the commission. It will come into force after being ratified by 25 signatories. A two-year-old Register of Damage, included in the commission, has received over 80,000 claims submitted by individuals and organizations in Ukraine. The World Bank estimates that the cost of reconstruction in Ukraine in the coming decade would be $524 billion ( 447 billion)."
An international Claims Commission will be launched in The Hague to compensate Ukraine for damage caused by Russia since the full-scale 2022 invasion. The Netherlands and the Council of Europe are hosting the meeting where President Volodymyr Zelenskyy and many European leaders, including EU foreign policy chief Kaja Kallas, will attend. Over 50 countries and the EU have drafted a Council of Europe convention to create the commission, which requires ratification by 25 signatories to come into force. A two-year-old Register of Damage linked to the commission has received over 80,000 claims from individuals and organizations in Ukraine. The World Bank estimates reconstruction costs at $524 billion through December 2024, excluding damage from this year's escalated attacks. Details on how any awarded damages would be paid have not yet been determined.
Read at www.dw.com
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