Ukraine army property in Crimea 'worth $1.7bn'

KIEV - Ukraine's military property in the strategic peninsula of Crimea cost nearly 1.7 billion US dollars, Ukraine's Deputy Defense Minister Leonid Polyakov has said.

“These are just preliminary estimates. The figure of 18 billion hryvnias was voiced on Tuesday,” he told Ukrainian officials in a briefing on Wednesday.

Polyakov said talks with Russia were continuing over the future of Ukrainian military hardware and military property in Crimea, which seceded from Ukraine and was annexed with the Russian Federation after 97 percent of voters in the country supported the move in a controversial referendum on March 16 - regarded by the Western world as "illegitimate".

“If the Ukrainian military fails to move out their hardware and property, Ukraine will demand compensation from Russia in international courts of law,” added Polyakov.

Earlier on Wednesday, Chief of the General Staff of Russia's Armed Forces, Valery Gerasimov, said about 1,500 Ukrainian troops would leave the region after handing over their weapons, adding that "the servicemen and their families will be transported from the Black Sea peninsula by railways under the agreement with the Russian Defense Ministry".

On March 21, Russian President Vladimir Putin signed into law the annexation of the strategic peninsula of Crimea from Ukraine following a referendum in the region where 97 percent of voters chose to secede from Ukraine and join Russia.

However, the United States, European Union and Ukraine regard the vote as "illegitimate".

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Ukraine's deputy defense minister says Kiev will demand compensation from Russia under international law if it is not given its military property in Crimea.

KIEV (AA) - Ukraine's military property in the strategic peninsula of Crimea cost nearly 1.7 billion US dollars, Ukraine's Deputy Defense Minister Leonid Polyakov has said.

“These are just preliminary estimates. The figure of 18 billion hryvnias was voiced on Tuesday,” he told Ukrainian officials in a briefing on Wednesday.

Polyakov said talks with Russia were continuing over the future of Ukrainian military hardware and military property in Crimea, which seceded from Ukraine and was annexed with the Russian Federation after 97 percent of voters in the country supported the move in a controversial referendum on March 16 - regarded by the Western world as "illegitimate".

“If the Ukrainian military fails to move out their hardware and property, Ukraine will demand compensation from Russia in international courts of law,” added Polyakov.

Earlier on Wednesday, Chief of the General Staff of Russia's Armed Forces, Valery Gerasimov, said about 1,500 Ukrainian troops would leave the region after handing over their weapons, adding that "the servicemen and their families will be transported from the Black Sea peninsula by railways under the agreement with the Russian Defense Ministry".

On March 21, Russian President Vladimir Putin signed into law the annexation of the strategic peninsula of Crimea from Ukraine following a referendum in the region where 97 percent of voters chose to secede from Ukraine and join Russia.

However, the United States, European Union and Ukraine regard the vote as "illegitimate".

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