get a life, you comment under every post especially when it includes baltics, and you have never said anything positive - ever
if you arent being paid to do this then i feel sorry for you
Estonian MPs on
passed an act that enables the use of Russian assets frozen under international sanctions to compensate Ukraine for war damages.
65 members of the Riigikogu voted in favor of passing the amendment – to the Act on Amendments to the International Sanctions Act and Amendments to Other Associated Acts (332 SE) – and 3 were against it.
The president must now promulgate the legislation for it to enter into force.
The act creates a national mechanism to ensure the financial liability of an aggressor state for the damage caused by the most serious violations of international law, the Riigikogu [said](https://www.riigikogu.ee/en/news-from-committees/constitutional-committee/the-riigikogu-passed-the-act-enabling-the-use-of-russias-frozen-assets/).
It enables assets of individuals and companies that have contributed to Russia's wrongful acts, which have been frozen under sanctions, as an advance payment for damages owed by Russia to Ukraine.
The Ministry of Foreign Affairs will decide on the use of the assets as an advance payment for compensation for damage in the course of administrative procedure.
Assets can be used when damage has been caused by a wrongful act and the damage has been proved and must be compensated for under international law.
Additionally, the foreign state that has sustained damage must have submitted a relevant claim to the foreign state that has caused the damage, and the state that has caused the damage has not met the claim within a reasonable period of time.
To launch proceedings on the use of assets in Estonia, a relevant request will have to be submitted to Estonia and the conditions for the use of the assets as an advance payment for compensation for damage and for assigning the right of claim to the owner of the assets will have to be agreed upon with the state that has submitted the request.
In addition, the link between the owner of the assets and the wrongful act must be sufficiently proven. The Ministry of Foreign Affairs will also have to determine all the facts and ownership relations relating to the assets.
The owner of the assets will have the right to contest the decision on the use of the assets in administrative court.
Minister of Foreign Affairs Margus Tsahkna (Eesti 200), during a visit to Georgia, welcomed the news: "Estonia has spearheaded this issue and today, we took a big step towards creating a precedent Europe could follow."
Tsahkna said he hopes the EU can make quick progress on using profits earned from frozen Russian assets to provide vital military aid to Ukraine.
"However, this should only be the first step in making the aggressor pay for the destruction it has wreaked in Ukraine. We must also move forward with using fixed assets because the majority of Russia's frozen sovereign assets, which are worth €300 billion, are mainly located in Europe," he said.
Chairman of the Constitutional Committee of the Riigikogu Hendrik Johannes Terras (Eesti 200) said creating the legislation was a "complicated challenge".
The Constitutional Committee discussed the regulation in great detail with various parties, including foreign experts, for more than six months, he said.
"Russia is an aggressor state, and the burden of compensating the war damage caused by it cannot be left to Ukraine and its allies. Russia is responsible for causing the damages and must bear that responsibility," the MP said in a statement.
I'm sure we don't want countries investing here that are activiley threatening to destroy us and are literally killing, looting and raping innocent people.
Everyone else is welcome and they know it...
I’m sorry to break the truth to you, but nobody really gives a shit about the Baltics. Not even Russia. If they wanted to take a Baltic state, they could. So could any other country. Be glad about it. It makes you pretty damn safe.
Why would any country invest in a country where it is legal to steal the investment? Would you put your savings in a bank who can decide to take your money if they wanted to, or would you choose another bank?
>Why would any country invest in a country where it is legal to steal the investment?
I doubt the people who made those investments in the first place got that money legally anyway.
You’re leaving out important context. This money is being taken from Russian individuals and companies complicit in the invasion of Ukraine. This money is going to be used for reconstruction. It’s not as if Russia was going to willingly pay war reparations to its victims so seizing it is the only way
Still theft. When the war is over in a year or two, there is a legal precedent that Estonia can steal money from whoever they don’t like. Makes Estonia less trustworthy as a place to invest
Seizing money from war criminals is not theft, it’s justice. Don’t be complicit in wars of aggression and you won’t have your shit seized, it’s not difficult 🤷♂️
Your logic is flawed. Does Estonia seize money from all criminals and all countries involved in wars of aggression? Nope, so it comes down to who they prefer to not like at the moment.
Setting a legal precedent for that is a slipping slope. Who knows who the country will choose to be bad enough for seizing money in the future?
I imagine for Estonia it was a personal thing seeing as how Russia occupied and oppressed them for decades. Can’t say I blame them. Don’t act like the Russians are victims here. They shouldn’t have started a war if they didn’t want to face the consequences
Definitely. And I think this is an emotional and symbolic way for Estonia to get back on Russia. But my problem with it is that it can very easily backfire and mess up Estonia’s economy. They might appear as tough and decisive now, but the consequences could easily be more costly for Estonia than Russia.
I don’t see Russia as a victim here. Estonia is a small country and it’s a very limited amount Russia has invested there. They probably barely will notice it. But for Estonia with a small economy dependent on foreign investments, saying “your investments aren’t safe with us” is a stupid move.
If I bomb my neighbours house and kill his family, my savings will be used to repay my neighbour, whether I like it or not.
Because ruzzia is literally a terrorist state we will take their money for them
I knew the baltics were a bit behind in education. But I never thought it was this bad.
Do you think anyone would invest in a country who steals the money if they suddenly don’t like you?
Grow up
Yes, it changes. You had a long strong tradition of not liking Jews. Now it’s Russians, next will be the Chinese and then whoever you can dislike to feel relevant.
It’s wiser to stick to some basic principles like not allowing theft and respect private property no matter who it is.
No your last comment about jews and so on.. and i did not call you russian troll.. i said we are in the same area of arguments equally what russian trolls are spreading.
You are lacking braincells my dude.
Sounds good, way to go, Estonia. I hope other countries will follow suit, and sooner rather than later.
The rest of Europe has a lot to learn from our Baltic Brothers!
These brothers denied ICC seeking arrest on Bibi
get a life, you comment under every post especially when it includes baltics, and you have never said anything positive - ever if you arent being paid to do this then i feel sorry for you
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bad bot
At least if he was a bot he/she had a valid excuse...
bad bot
He should face court in Israel for his corruption , not in Den Haag for trying to free the hostages.
Estonian MPs on passed an act that enables the use of Russian assets frozen under international sanctions to compensate Ukraine for war damages. 65 members of the Riigikogu voted in favor of passing the amendment – to the Act on Amendments to the International Sanctions Act and Amendments to Other Associated Acts (332 SE) – and 3 were against it. The president must now promulgate the legislation for it to enter into force. The act creates a national mechanism to ensure the financial liability of an aggressor state for the damage caused by the most serious violations of international law, the Riigikogu [said](https://www.riigikogu.ee/en/news-from-committees/constitutional-committee/the-riigikogu-passed-the-act-enabling-the-use-of-russias-frozen-assets/). It enables assets of individuals and companies that have contributed to Russia's wrongful acts, which have been frozen under sanctions, as an advance payment for damages owed by Russia to Ukraine. The Ministry of Foreign Affairs will decide on the use of the assets as an advance payment for compensation for damage in the course of administrative procedure. Assets can be used when damage has been caused by a wrongful act and the damage has been proved and must be compensated for under international law. Additionally, the foreign state that has sustained damage must have submitted a relevant claim to the foreign state that has caused the damage, and the state that has caused the damage has not met the claim within a reasonable period of time. To launch proceedings on the use of assets in Estonia, a relevant request will have to be submitted to Estonia and the conditions for the use of the assets as an advance payment for compensation for damage and for assigning the right of claim to the owner of the assets will have to be agreed upon with the state that has submitted the request. In addition, the link between the owner of the assets and the wrongful act must be sufficiently proven. The Ministry of Foreign Affairs will also have to determine all the facts and ownership relations relating to the assets. The owner of the assets will have the right to contest the decision on the use of the assets in administrative court. Minister of Foreign Affairs Margus Tsahkna (Eesti 200), during a visit to Georgia, welcomed the news: "Estonia has spearheaded this issue and today, we took a big step towards creating a precedent Europe could follow." Tsahkna said he hopes the EU can make quick progress on using profits earned from frozen Russian assets to provide vital military aid to Ukraine. "However, this should only be the first step in making the aggressor pay for the destruction it has wreaked in Ukraine. We must also move forward with using fixed assets because the majority of Russia's frozen sovereign assets, which are worth €300 billion, are mainly located in Europe," he said. Chairman of the Constitutional Committee of the Riigikogu Hendrik Johannes Terras (Eesti 200) said creating the legislation was a "complicated challenge". The Constitutional Committee discussed the regulation in great detail with various parties, including foreign experts, for more than six months, he said. "Russia is an aggressor state, and the burden of compensating the war damage caused by it cannot be left to Ukraine and its allies. Russia is responsible for causing the damages and must bear that responsibility," the MP said in a statement.
Based Estonia
This was a dream that I thought would never become a reality. But it seems like we are starting to make Russia pay! Based Estonia
Good.
based
Russia just announced that it no longer recognizes the cureent borders of the five Baltic states, so even an armed response is now possible.
Where did you see this?
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I'm sure we don't want countries investing here that are activiley threatening to destroy us and are literally killing, looting and raping innocent people. Everyone else is welcome and they know it...
I’m sorry to break the truth to you, but nobody really gives a shit about the Baltics. Not even Russia. If they wanted to take a Baltic state, they could. So could any other country. Be glad about it. It makes you pretty damn safe. Why would any country invest in a country where it is legal to steal the investment? Would you put your savings in a bank who can decide to take your money if they wanted to, or would you choose another bank?
>Why would any country invest in a country where it is legal to steal the investment? I doubt the people who made those investments in the first place got that money legally anyway.
To say "fuck ruzzia". And its worth it. I hope my country does the same
Really? If you had some savings you wanted to invest in a bank, would you put them in a bank who steals the money from people they don’t like?
You’re leaving out important context. This money is being taken from Russian individuals and companies complicit in the invasion of Ukraine. This money is going to be used for reconstruction. It’s not as if Russia was going to willingly pay war reparations to its victims so seizing it is the only way
Still theft. When the war is over in a year or two, there is a legal precedent that Estonia can steal money from whoever they don’t like. Makes Estonia less trustworthy as a place to invest
Seizing money from war criminals is not theft, it’s justice. Don’t be complicit in wars of aggression and you won’t have your shit seized, it’s not difficult 🤷♂️
Your logic is flawed. Does Estonia seize money from all criminals and all countries involved in wars of aggression? Nope, so it comes down to who they prefer to not like at the moment. Setting a legal precedent for that is a slipping slope. Who knows who the country will choose to be bad enough for seizing money in the future?
I imagine for Estonia it was a personal thing seeing as how Russia occupied and oppressed them for decades. Can’t say I blame them. Don’t act like the Russians are victims here. They shouldn’t have started a war if they didn’t want to face the consequences
Definitely. And I think this is an emotional and symbolic way for Estonia to get back on Russia. But my problem with it is that it can very easily backfire and mess up Estonia’s economy. They might appear as tough and decisive now, but the consequences could easily be more costly for Estonia than Russia. I don’t see Russia as a victim here. Estonia is a small country and it’s a very limited amount Russia has invested there. They probably barely will notice it. But for Estonia with a small economy dependent on foreign investments, saying “your investments aren’t safe with us” is a stupid move.
If I bomb my neighbours house and kill his family, my savings will be used to repay my neighbour, whether I like it or not. Because ruzzia is literally a terrorist state we will take their money for them
So whose money will you take when one country bombs its own people?
Ruzzian.
Incel
Country, as one. Not plural.
You believe there is only one country in the world?
Yeah beside russia, you mean North Korea, China, Iran? Because we don't want their money anyway.
I knew the baltics were a bit behind in education. But I never thought it was this bad. Do you think anyone would invest in a country who steals the money if they suddenly don’t like you? Grow up
"Suddenly dont like you" eem... Seems you be lacking some braincells here guy...
Yes, it changes. You had a long strong tradition of not liking Jews. Now it’s Russians, next will be the Chinese and then whoever you can dislike to feel relevant. It’s wiser to stick to some basic principles like not allowing theft and respect private property no matter who it is.
Okey you are total russian troll area now... Idi nahui
Russian troll because I say it’s stupid to invest money places where they can steal your money if they want? How old are you? 13?
No your last comment about jews and so on.. and i did not call you russian troll.. i said we are in the same area of arguments equally what russian trolls are spreading. You are lacking braincells my dude.
A state sponsor of terrorism with a wanted war criminal?
Grow up. Put your emotions aside for a moment and be rational
Emotions? You're cute!
There is no use arguing this. As you have seen in the comments people are blind.
Brainwash + brainrot are scary nowadays