G20 members lobby EU against seizure of Russian assets – FT ...News

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G20 members lobby EU against seizure of Russian assets – FT
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Saudi Arabia and Indonesia have reportedly been raising concerns over their own reserves held in the West The confiscation of frozen Russian assets could set a dangerous precedent in international law, Indonesia and Saudi Arabia warned the EU at a recent meeting of G20 finance ministers, the Financial Times reported on Friday. The US and its allies have blocked around $300 billion in Russian central bank assets as part of sanctions imposed on Moscow over the Ukraine conflict. Most of the funds are held in the EU and, while Washington has insisted that international law allows for the appropriation of the funds, so

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