In accordance with the Federal Law, the Russian Federation is acceding to the 2007 Nairobi International Convention on the Removal of Wrecks and will extend the application of its requirements to wrecks located within the territory of the Russian Federation, including the territorial sea.
Joining the Convention will expand the capabilities of the Russian Federation in ensuring safe navigation and protecting the environment from pollution of sea areas in the internal sea waters, in the territorial sea and in the exclusive economic zone of the Russian Federation, and will also eliminate existing conflicts of law as regards regulation of provision of insurance or other financial security of liability related to the removal of wrecks.