Russia will mark American property, together with securities, that can be utilized as compensation for damages suffered from the seizure of Russian property in america, Reuters reported, citing order signed at present by the President of Russia Vladimir Putin, BTA reported.
The order provides the Russian authorities fee for the sale of overseas property the suitable to establish the related property. Nonetheless, compensation choices are made by the courts. The European Union will really feel the “full pressure” of Russia’s retaliation over its plan to make use of frozen Russian funds to assist Ukraine, Russian Overseas Ministry spokeswoman Maria Zakharova stated on the identical time.
Extra information from Ukraine
EU member states formally adopted a plan to make use of frozen EU funds of Russia’s central financial institution to assist defend Ukraine, the Belgian authorities stated on Tuesday. Russia claims that such actions are unlawful and undermine the foundations of the worldwide monetary system.
“It is about one other try and legalize theft on the state degree,” Zakharova stated. US Treasury Secretary Janet Yellen stated earlier that frozen Russian property characterize potential assist to Ukraine subsequent yr and past G7 negotiators have been debating for weeks how finest to get well $300 billion price of Russian property that had been frozen after Russia’s invasion of Ukraine in February 2022.
Russia has been threatening retaliation for weeks, however Moscow’s choices are restricted relating to state property, and it’s unclear what sort of retaliation it’d take, Reuters reported.
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Evaluation 3.3 from 35 voice
2024-05-23 13:33:00
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