Russia Warns of Retaliatory Measures Against West for Confiscation Threats

“We have previously analyzed the possible retaliatory measures. We will do everything in a way that best suits our interests,” Peskov said. He argued that the idea of ​​confiscation discussed by the West violates international law and is the ultimate theft.

“This will be a severe blow to the basic parameters of the international economy. It will undermine the confidence of other countries,” Peskov said.

Russian President Vladimir Putin signed a decree in April this year that allows the Russian state to take over the assets of foreign companies in Russia under “temporary management”. According to this scheme, the assets of several foreign companies have already been taken over in Russia.

The Reuters news agency, referring to a source in the Russian government, reported that the Russian government considers it unlikely that the West would really dare to make a decision on confiscation.

It has already been announced that the G7 countries made the decision to freeze Russian state funds immediately after Russia’s repeated invasion of Ukraine in February 2022, and the member states of the group currently have about 300 billion dollars frozen.

2023-12-29 20:05:00
#Kremlin #drawing #list #foreign #investors #assets #seize