Russia ready to enact law against sea oil pollution

Russia is all set to enact a law against sea oil pollution which will lay a new legal basis for preventing aftermaths of man-made catastrophes such as the recent oil disaster in the Gulf of Mexico.

"In this respect, Russia is ready to pass to the State Duma a bill on sea protection against oil pollution," Russian President, Dmitry Medvedev noted.

The G-20 summit discussed an initiative to create international procedures to eliminate the aftermath of similar disasters, he said. Medvedev emphasised that the major problem is the lack of a global legal basis in this issue.

"To prevent such consequences it is sensible to lay a new international legal basis," he underlined. These measures may envisage the creation of a special fund or risk insurance solutions, the president underlined.

"We agreed and instructed experts to work out this issue and report on the results at a G-20 summit in Seoul," Medvedev stressed.