Estonian ports want to sell terminals of Russian companies
29.06.2023 - 14:00
The Estonian government plans to auction the bulk and bulk terminals in the ports of Muuga and Sillamäe, which are owned by Russian companies.
Russian owners want to sell the terminals and use the money to restore Ukraine. Currently, such assets in Estonia mainly belong to the Russian companies DBT and EuroChem Terminal Sillamae, which are engaged in transshipment of fertilizers from the Russian Federation, writes ERR.
The Ministry of Foreign Affairs of Estonia should send for approval amendments to the Law on International Sanctions, which will allow the confiscation of Russian assets.
They plan to use the funds for the frozen assets taken from their owners in the Russian Federation for the restoration of Ukraine.
Read also: in March, Poland, Lithuania and Estonia called for lowering the price ceiling for Rosneft.
The press secretary of the Ministry of Foreign Affairs of Estonia, Kerstin Meresma, said that this draft law proposes to use primarily the money entered in the asset register, as well as other property, as compensation for Ukraine.
According to her, the draft law provides for the use of Russian assets that are not subject to sanctions.
As previously reported by USM, at the beginning of 2023 it became known that Estonia could block the passage of Russian vessels through the Gulf of Finland.
