4.1 proceed towards
the establishment of an international compensation mechanism, under
the auspices of the Council of Europe, to comprehensively address
the damage incurred by natural and legal persons concerned, as well
as the State of Ukraine, due to the unlawful actions of the Russian Federation
in its invasion of Ukraine;
4.2 establish an international trust fund, where all seized
Russian State assets will be deposited, ensuring transparency, accountability
and equity in the disbursement of funds that should be used for compensation
to Ukraine and natural and legal persons affected by the Russian
aggression in Ukraine, as well as to aid Ukraine’s recovery and
reconstruction efforts;
4.3 endorse the establishment of an international commission
of claims for the damage recorded in the Register, under the auspices
of the Council of Europe;
4.4 consider including, in the scope of the future international
compensation mechanism, once established, the damage caused by the
Russian Federation’s internationally wrongful acts committed in the
Autonomous Republic of Crimea, the city of Sevastopol and the temporarily
occupied territories of the Donetsk and Luhansk oblasts before 24 February
2022, insofar as they were caused by the aggression against Ukraine
that started in 2014, in particular in relation to breaches of international
law confirmed by international adjudicative bodies such as the European
Court of Human Rights.
