NewsPutin Signs Decree Allowing Use Of US Property In Russia As Compensation

Putin Signs Decree Allowing Use Of US Property In Russia As Compensation

23.05.2024 15:42

Russian government ensures introduction of changes to legislation aimed at implementing decree within 4 month period, says document.

Russian President Vladimir Putin on Thursday signed a decree allowing the use of American property in Russia as compensation for damages caused by the seizure of Russian property in the US.

The decree containing the corresponding provision was published on the government portal, which instructed the country's government to establish a special procedure for compensating the damage caused to Russia and its Central Bank by the US government or judicial decisions.

"The government of the Russian Federation, within a four-month period, ensures the introduction of changes to the legislation of the Russian Federation aimed at implementing this decree," the document further said.​​​​​​​ -

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