Russian Cargo Carrier Threatens to Sue Canada
Volga-Dnepr Airlines has issued an ultimatum threatening to drag the Canadian government before international arbitrators for purpose of forcing the return of what the airline—which has ties to neither Moscow nor the Russian Federation political machinery—convincingly asserts is a stolen asset. Volga-Dnepr has proposed the dispute over a seized An-124 be resolved “amicably” in accordance with Article 9 and Canada's November 1989 Policy on Encouragement and Mutual Protection of Investments.
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