📋 Tender Overview
The government approved the Presidential Decree on the transfer of a number of Russian assets to the benefit of Ukraine and the Ukrainian people. This was reported by Prime Minister Denys Shmyhal.As the head of the Government noted all the property that is planned to be confiscated is divided into three categories. The first category is property that belongs to the Russian state. The second category is assets belonging to sanctioned Russian citizens and companies. The third category is the assets of Russian banks.Today the Government approved the Presidential Decree proposing the confiscation of 903 objects belonging to the Russian state. 79 items are corporate rights 824 items are property said Denys Shmyhal.The Prime Minister emphasized that the confiscated assets will be converted into funds that will be used for the defense and restoration of Ukraine We are doing it systematically and in accordance with all procedures. We do not replace the law with our wishes but implement this strategic task in a legal way. According to the Head of the Government this step is the first in the state strategy. Next should be the confiscation of Russian assets in the West for the reconstruction of Ukraine.Both the Government and the Presidents Office are working on this with teams of the best lawyers and teams of international experts our partners and allies the Prime Minister emphasized.