Estonia on Thursdaypassed a law that allows the authorities to transfer frozen Russian assets in the country to Ukraine as compensation for damages caused by Moscows full-scale invasion.Estonian President Alar Karissaid the confiscation of assets raises unresolved legal questions, but assured they would only be used if the owners role in Russias war against Ukraine is proven sufficiently.Regardless of what one thinks of the solution chosen in Estonia, there is no doubt that we need to find effective ways to guarantee the right of victims of aggression to obtain compensation from the perpetrators of the damage, Karis was quoted as saying by the ERR news agency.The Riigkogu must be able to make policy choices in such an ambiguous situation, he added, referring to Estonias parliament, two-thirds of whichbacked the confiscation law earlier this month before it was sent to the presidents desk for a signature.Last week, the EUapproved a similar measure to use frozen Russian assets for Ukraine after months of political wrangling.The EU froze around 200 billion euros ($216.3 billion) of Russian Central Bank assets held in the bloc as part of sanctions imposed on Moscow over its invasion.Under the EU plan, 90% of the money taken from the earned interest on the assets would go to a fund used for supplying weapons to Ukraine.
The other 10% would be funneled into the EUs budget, where it would be used to help increase the capacity of Ukraines defense industry.The Kremlin denounced the decision as an unprecedented violation of international law that would make Brussels the target of prosecution for many decades.
Russias Foreign Ministry vowed a response to what it described as the EUs banditry and theft.AFP contributed reporting.
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