International Coalition Forms to Compensate Ukraine for War Damages

Thirty-five countries, including Ukraine, have agreed to establish a compensation body to address the damages caused by Russia's invasion. Despite support, funding sources remain uncertain, with some suggesting the use of frozen Russian assets. The Council of Europe's International Claims Commission will manage claims for war-related losses.

In a unified move, Ukrainian President Volodymyr Zelenskyy and representatives from 34 other nations formally approved a plan to create a compensation body that will address damages inflicted on Ukraine by the ongoing Russian invasion. The approval took place in The Hague, marking a pivotal step in seeking reparations, though questions linger over the potential sources of funding for these efforts.

At the gathering, Zelenskyy emphasized the importance of robust international support to ensure compensation for all wartime damage. The Council of Europe, known for its prominent role in upholding human rights, is facilitating the International Claims Commission. This body will enable Ukrainians to file claims for injuries and losses linked to the Russian military onslaught that began in February 2022.

Despite the Council's insistence that Russia should bear financial responsibility, compelling Moscow to pay is fraught with complexities. Some suggest tapping into vast amounts of frozen Russian assets in Europe. Meanwhile, Zelenskyy, during peace discussions in Berlin, signaled a willingness to forsake NATO membership in exchange for security guarantees from the West, while resisting territorial concessions to Russia.

(With inputs from agencies.)