Volodymyr Zelensky signs law on confiscation of Russia-owned property
March 10, 2022, 4:32 pm

Volodymyr Zelensky signs law on confiscation of Russia-owned property

Ukrainian President Volodymyr Zelensky/Facebook page

The Xinhua reported, the press service of Ukraine's parliament said Thursday that Ukrainian President Volodymyr Zelensky has signed a law to allow the confiscation of Russia-owned property in Ukraine.

The law stipulates that the property owned by Russia or Russian citizens could be confiscated by the Ukrainian authorities without any compensation.

The legislation was approved by the Ukrainian parliament on March 3.

Russia launched a special military operation against Ukraine on Feb. 24.

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Delegations of the two sides have held three rounds of talks in Belarus and the two countries' foreign ministers have met in Turkey to seek a solution to the crisis, though the negotiations ended without a significant breakthrough.

Source: xinhua

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Upon arriving to participate in the summit of the European Political Community, which includes around forty heads of state in Budapest, he said, "I look forward to sitting with the elected U.S. president and seeing how we will collectively ensure we meet challenges, including the threats from Russia and North Korea." He also noted that the strengthening of ties between Russia and North Korea poses a threat to the United States as well, according to reports from Agence France-Presse.

Before Trump's victory, Rutte expressed confidence that a united Washington would remain part of the defensive alliance, even if Trump became the 47th president of the United States. In an interview with German public broadcaster ZDF last Monday night, he stated that both Republicans and Democrats understand that NATO serves not only the security of Europe but also that of America. He added that both candidates are aware that the security of the United States is closely tied to NATO.

On Wednesday, NATO congratulated Trump on his victory but did not address the Ukrainian issue.

It is noteworthy that the relationship between the elected U.S. president and the defense alliance was not the best during his first term in the White House. Trump criticized NATO member states multiple times and even hinted at withdrawing from the alliance unless they increased their financial contributions.

Additionally, the issue of the Russian-Ukrainian war is one of the matters that complicate relations between the two sides, especially since Trump has repeatedly stated that he can end this ongoing conflict, which began in 2022, quickly. He implied that he had a peace plan between Kyiv and Moscow, while his vice president, JD Vance, revealed aspects of that plan, which stipulated Ukraine's commitment not to join NATO, thereby sending reassuring signals to the Russians.

Furthermore, many NATO member states in Europe fear that Trump might halt military aid to Ukraine after he previously criticized the U.S. for pouring funds into supporting Ukrainian President Volodymyr Zelensky.