Published by Global Banking and Finance Review
Posted on December 16, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking and Finance Review
Posted on December 16, 2025
1 min readLast updated: January 20, 2026
Zelenskiy demands Russia be held accountable for aggression at The Hague, focusing on war damages and reparations for Ukraine.
Dec 16 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Tuesday that Russia must be held responsible for the "crime of aggression".
Zelenskiy was speaking in The Hague ahead of a conference to establish an International Claims Commission for Ukraine, which will validate claims of war damages to be repaid by Russia.
(Reporting by Anna Pruchnicka; Editing by Alex Richardson)
An International Claims Commission is a body established to validate and process claims for damages, often related to war or conflict, allowing affected parties to seek compensation from responsible entities.
War damages refer to losses and destruction caused by armed conflict, including physical destruction of property, loss of life, and economic impacts on affected regions or countries.
Compensation in finance typically refers to the payment or reimbursement for losses incurred, which can include damages from legal claims, insurance payouts, or settlements.
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