On May 15, a law was passed allowing the use of frozen russian assets.
We are talking about the Government’s proposed Law on Amendments to the International Sanctions Law and, in connection with this, other laws.
In order to decide on the use of property as compensation for damage, the existence of damage and the need for compensation must be proven in accordance with international law. The injured foreign state must make a corresponding claim to the state that caused the damage.
To begin proceedings in Estonia regarding the use of Estonian property, a corresponding request must be sent. Estonia and the applicant state must agree on terms and conditions for the use of property as an advance payment for compensation for damages, as well as conditions for transferring the right of claim to the owner of the property. The connection between the owner of the property and the unlawful act must be sufficiently proven.
The decision to use property as an advance payment for damage caused is made by the Ministry of Foreign Affairs during administrative proceedings.