On 20 March 2022, the Cabinet of Ministers of Ukraine adopted Resolution No. 326 "On approval of the procedure for determining damage and losses caused to Ukraine as a result of the armed aggression of the Russian Federation".
The approved Procedure provides for:
Damage and losses due to Russia's armed aggression are determined according to methodologies developed and approved separately in the following areas:
The list of key indicators that are assessed to determine the damage and losses due to Russia's armed aggression is given in the Resolution separately for each of the areas and can be supplemented in the relevant methodologies.
The deadline for the development and approval of relevant methodologies is 6 months.
For more information, please contact Asters` Counsel Anzhelika Livitska or Associate Victoria Kurus.