Bulgarian MPs Propose Bill to Freeze Russian Properties

Politics | January 22, 2024, Monday // 12:30
Bulgaria: Bulgarian MPs Propose Bill to Freeze Russian Properties Mirchev and Yordanova

A proposed bill by Bulgarian MPs Ivaylo Mirchev and Nadezhda Yordanova, representing the political party "We Continue the Change-Democratic Bulgaria" (WCC-DB), seeks to freeze Russian properties owned by sanctioned individuals.

The legislation also outlines the return of the "Kamchia" sanitary-remedial complex. Developed against the backdrop of Russia's continued war in Ukraine, the bill aims to ensure Bulgaria's compliance with international restrictive measures.

Ivaylo Mirchev emphasized the necessity of adopting a specific law for Bulgaria to fulfill its obligations in implementing these measures. The draft law also includes provisions for maintaining a public list of sanctioned persons on the Ministry of Foreign Affairs website to safeguard the rights of third parties.

The petitioners anticipate support from other parliamentary formations.

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Tags: Bulgaria, MPs, Russia, sanctions

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