https://sputnikglobe.com/20231229/kremlin-warns-of-potential-retaliatory-steps-against-assets-of-foreigners--1115874029.html
Kremlin Warns of Potential Retaliatory Steps Against Assets of Foreigners
Kremlin Warns of Potential Retaliatory Steps Against Assets of Foreigners
Sputnik International
Russia has a list of the assets of foreigners that can be taken as a reciprocal measure, Kremlin spokesman Dmitry Peskov said on Friday.
2023-12-29T10:41+0000
2023-12-29T10:41+0000
2023-12-29T10:41+0000
economy
russian economy under sanctions
asset freeze
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On Thursday, the Financial Times newspaper reported, citing sources, that Germany, France, Italy and the European Union have expressed reservations regarding Washington's idea to confiscate Russian assets worth $300 billion and consider it necessary to first assess the legality of the measure. "Of course there is [list of foreign assets that Russia can take]. Understanding the unpredictability of our counterparts, let us say, complete unpredictability and, understanding their tendency to violate international law and other laws, including their own national ones, understanding their tendency to self-destruction, I mean the destruction of the modern economic system, undermining confidence in the basic postulates of the world economic system, I mean, the main reserve currency, the principle of inviolability of property and so on, then, of course, we analyzed possible retaliatory steps in advance, and we will do everything like this, so that it would best suit our interests ... Therefore, such actions are fraught with very, very serious consequences," Peskov said, answering the question whether Russia can withdraw foreign assets. The seizure of Russian assets abroad is illegal and can cause serious harmful consequences, including becoming another blow to the global economy, the spokesman added.
https://sputnikglobe.com/20231229/us-scheme-to-use-frozen-russian-assets-wont-work-without-europes-go-ahead--report--1115870586.html
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Kremlin Warns of Potential Retaliatory Steps Against Assets of Foreigners
MOSCOW (Sputnik) - Russia has a list of the assets of foreigners that can be taken as a reciprocal measure, Kremlin spokesman Dmitry Peskov said on Friday.
On Thursday, the Financial Times newspaper reported, citing sources, that Germany, France, Italy and the European Union have expressed reservations regarding Washington's idea to confiscate Russian assets worth $300 billion and consider it necessary to first assess the legality of the measure.
"Of course there is [list of foreign assets that Russia can take]. Understanding the unpredictability of our counterparts, let us say, complete unpredictability and, understanding their tendency to violate international law and other laws, including their own national ones, understanding their tendency to self-destruction, I mean the destruction of the modern economic system, undermining confidence in the basic postulates of the world economic system, I mean, the main reserve currency, the principle of inviolability of property and so on, then, of course, we analyzed possible retaliatory steps in advance, and we will do everything like this, so that it would best suit our interests ... Therefore, such actions are fraught with very, very serious consequences," Peskov said, answering the question whether Russia can withdraw foreign assets.
29 December 2023, 06:39 GMT
The seizure of Russian assets abroad is illegal and can cause serious harmful consequences, including becoming another blow to the global economy, the spokesman added.
