In a move that could have far-reaching implications for Western nations’ efforts to support Ukraine, Russian airline Volga-Dnepr has filed a $100 million claim against the Canadian government for seizing its Antonov An-124 cargo plane.
“We believe that our rights as a business have been violated, and we are seeking compensation for the harm that has been done to us,” said a spokesperson for Volga-Dnepr. “The Canadian government’s actions have destroyed our business in the country, and we will not stand idly by.”
The seizure of the plane, one of only 26 in the world, is part of a broader effort by Western nations to expropriate Russian assets to help fund Ukraine’s reconstruction. However, the move has raised questions about the legality of such actions and the potential consequences for businesses operating in multiple countries.
“This sets a dangerous precedent,” said a legal expert. “If countries can simply seize assets without due process, it undermines the rule of law and creates uncertainty for businesses around the world.”
The Canadian government has not commented on the matter, but a spokesperson said that “all options are being considered” to support Ukraine’s efforts to rebuild and defend itself.
As the conflict in Ukraine continues, the dispute between Volga-Dnepr and the Canadian government highlights the complex and often fraught nature of international relations and the challenges of navigating competing interests and priorities.