Ukraine’s President Volodymyr Zelensky declared a “decisive victory” over Russia in a UK court after judges ruled Wednesday that a long-running financial dispute can go to a full trial.
The Supreme Court in London rejected a bid by a Russian-backed investment trust to throw out the case, which concerns a $3 billion loan taken out in 2013, without a trial.
“Today Ukraine secured another decisive victory against the aggressor, this time in the UK Supreme Court in the $3bn bonds case,” Zelensky tweeted.
He said the court had ruled that Ukraine’s defence based on Russia’s “threats of aggression will have a full public trial”.
“Justice will be ours,” he added.
Ukraine’s finance ministry called the decision “a great victory of justice and the rule of law”.
Ukraine argues that it was forced to issue the Eurobonds to Russia under duress, shortly before Moscow invaded Crimea in 2014.