REVIEW Point 16: The Asset Concessions

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Summary

This AI summary is generated by Microsoft Edge Copilot:

Here are the key points from the current page:

1. **Assets Concession**: Ukraine and Russia will dismiss indemnification claims for destroyed and damaged assets, return all confiscated assets, and restrict the repatriation of profits from the assets during the reconstruction period.
2. **Public and Private Civilian Assets**: The agreement concerns assets that reside in the new Ukraine or new Russia but belong to the citizens, organizations, companies, or government of the other country.
3. **Historical Context**: Before the 2014 takeover of Crimea, the Ukrainian economy was closely intertwined with Russia's due to historical and economic reasons.
4. **Impact of Conflict**: The Ukrainian-Russian trade has deteriorated since the 2014 Crimean takeover and was further impacted by the 2022 invasion.
5. **Asset Destruction and Confiscation**: Both sides have seen assets destroyed or damaged, and operable assets have been confiscated or pillaged.
6. **Clauses of Point 16**:
   - **Clause 16-1**: Indemnification of Military Assets
   - **Clause 16-2**: Indemnification of Civilian Assets
   - **Clause 16-3**: Restitution of Confiscated Assets
   - **Clause 16-4**: Restriction on Repatriation

These points address the handling of assets and indemnification between Ukraine and Russia during and after the conflict.