Russia threatens response to Western use of frozen assets ...News

A reported $300 billion in Moscow’s forex reserves have been seized as part of Ukraine-related sanctions Moscow will respond with similar measures if Western countries use revenues generated from frozen Russian assets, Finance Minister Anton Siluanov warned on Tuesday in an interview with Asharq TV. Siluanov was commenting on the latest proposal made by several countries to use the profits from investing Russian frozen assets to cover the cost of the reconstruction of Ukraine. “We have frozen the funds of unfriendly countries as well […] Then, we will do the same in this case,” the Finance Minister stated. Nearly

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