Moscow has described the seizures as theft and a violation of international law British officials have confirmed that Russian state assets will not be returned even after the conflict in Ukraine is over, but only when Moscow pays reparations to Kiev, The Guardian reported on Friday. According to Russian estimates, more than $300 billion of the country’s foreign currency reserves have been frozen due to Western sanctions. Additionally, billions more worth of assets belonging to Russian citizens and businesses have been seized. Assets and reserves belonging to the Russian state, valued at £26 billion ($32.1 billion)
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