News

Latest News

Stocks in Play

Dividend Stocks

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Moscow Withdraws Draft That Proposed Expanding its Territorial Waters

Russia has withdrawn without explanation a Defense Ministry draft that proposed revising Moscow's maritime border in the eastern Baltic Sea and expanding its territorial waters that raised the ire of littoral NATO members Finland, Sweden, Lithuania, and Estonia.

The draft, dated May 21, was initially published on an official Russian portal of legal drafts. It proposed expanding Russia's territorial waters in the Gulf of Finland and around the Kaliningrad exclave near the maritime borders with Finland, Estonia, and Lithuania.

Since Russia launched its full-scale invasion of Ukraine in 2022, Finland and Sweden have joined NATO, leaving Kaliningrad completely surrounded by members of the alliance.

According to the draft, expanding the border off the coast of Kaliningrad between Baltiysk and Zelenogradsk and in the eastern part of the Gulf of Finland would have allowed the corresponding maritime areas to be used as internal sea waters of Russia as vessels made the trip from St. Petersburg.

It also proposed changes off the coast of Lithuania in the area of the Curonian Spit, the crescent-shaped sand dune separating the Curonian Lagoon from the Baltic Sea.

Following the publication of the draft, Lithuania's Foreign Ministry said it was "summoning a representative of the Russian Federation for a full explanation." Moscow has not had an ambassador in Vilnius since April 2022.

Lithuania expelled Moscow's envoy and downgraded its diplomatic relations with Russia following the atrocities allegedly committed by Russian forces in the Ukrainian town of Bucha.

"Another Russian hybrid operation is under way, this time attempting to spread fear, uncertainty, and doubt about their intentions in the Baltic Sea," Lithuanian Foreign Minister Gabrielius Landsbergis wrote on X, formerly Twitter.

“Finland acts as always: calmly and based on facts,” Finnish President Alexander Stubb wrote on X.
Finnish Prime Minister Petteri Orpo said Helsinki will monitor Russia's moves, while Foreign Minister Elina Valtonen told reporters that Helsinki was "following the situation."

"We don't have any official information on what Russia is planning," she said.

Swedish Prime Minister Ulf Kristersson reminded Moscow that it was a signatory to the UN convention regulating maritime border changes.

“Both we and Finland assume that Russia -- which is a signatory party to that convention -- lives up to that responsibility,” Kristersson was quoted as saying by the Swedish news agency TT.

The draft was withdrawn without any explanation just hours after the wave of criticism, with an unnamed Russian diplomatic source telling Interfax that Moscow had no intention of revising its maritime borders, while Kremlin spokesman Dmitry Peskov told reporters there was “nothing political” in the draft.

“You see how tensions and the level of confrontation are escalating, especially in the Baltic region. This requires appropriate steps from our relevant bodies to ensure our security,” Peskov said.

By RF/ERL