Home » Business » The US Treasury is removing the option to repay Russian foreign debt after May 25 – 2024-04-01 20:53:15

The US Treasury is removing the option to repay Russian foreign debt after May 25 – 2024-04-01 20:53:15

/ world today news/ The Ministry of Finance of the USA removes the possibility of repaying the Russian external obligations after May 25.
At the same time, the document is called as disparagingly as possible: “The position on the sanctions regarding the harmful foreign activity of Russia”. Terrifying.
At the same time, the Ministry of Finance of Russia is frantically trying to snatch the honestly earned money from the mouths of pushy foreign investors and officials.

The position of the Ministry of Finance of Russia is not entirely clear. It enforces its debt obligations, forcing investors to accept payments on its obligations under conditions of total war and all the restrictions Russia received.

In the context of the current situation, such a position is completely absurd. They blocked all foreign assets of the state, they cynically humiliate it in the international arena, but no – we try to pretend to be good guys.

Formally, everyone is heading for the first bankruptcy since 1917, because even in 1998, Russia was paying its foreign debts. But now there won’t be any changes, even with a cross-bankruptcy implementation.

The additional sanctions, the credit ratings, the closing of the capital markets, the threats “that not even one more dollar will be sent to Russia”, what else can they threaten us with? To hell with them! Will our foreign assets be expropriated? Will they return them? We can now say no. One cannot forbid what is not there to begin with.

The situation is such that we can no longer be intimidated by anything, there are no more levers of influence on Russia. They did everything they could.

I do not understand the Ministry of Finance of Russia? To whom and why do they want to prove themselves? What games are they playing with the “western partners”? The most logical position would be “Free the assets, then we will talk about the debts”. But no, they offer rubles, haggle and hustle to pay. Why?

Russia has $37.3 billion in external debt in bond loans, half of which is to non-residents. In 2022, the repayment will be for 817 million dollars, in 2023, 3.35 billion, and in 2024, 353 million.

Translation: V. Sergeev

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