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Ukrainian President Volodymyr Zelenskyy and some 30 other countries are expected to formally approve plans Tuesday to create a compensation body to pay for damages to Ukraine caused by the Russian invasion, but questions remain about where the money will come from.
According to Associated Press the expected approval at a ceremony in the Dutch city of The Hague follows peace talks in Berlin with U.S. President Donald Trump’s special envoy Steve Witkoff, Trump’s son-in-law Jared Kushner and German Chancellor Friedrich Merz.
Zelenskyy voiced readiness to drop his country’s bid to join NATO in exchange for Western security guarantees, but rejected the U.S. push for ceding territory to Russia.
The Council of Europe has facilitated the International Claims Commission which will allow Ukrainians to seek compensation for “damage, loss or injury” caused by the Russian Federation since the full-scale invasion began in February 2022.
The commission will assess claims made to the already up-and-running register of damages, which was launched during a Council of Europe summit in Iceland in 2023.
“There will be no reliable peace without justice,” Zelenskyy told leaders at the summit by video address from Kyiv.
Some 80,000 claims have already been filed with the register, which is based in The Hague.
Questions remain about where the claims commission will get its funding.
The Council of Europe is adamant that Russia must foot the bill but there is no clear pathway for forcing Moscow to pay up. One proposal is to use some of the tens of billions of dollars in frozen Russian assets held in Europe.
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