Kremlin’s serious warning to the West.
Russia has threatened the West that if it uses Moscow’s frozen assets to help Ukraine, it will retaliate according to the value of those assets.
In a statement, Russia warned that if the West confiscates the frozen assets of this country to provide reconstruction and aid to Ukraine, it will retaliate in the same way.
In February 2022, under the influence of the war between Ukraine and Russia, the West seized nearly 300 billion dollars of the assets of the country’s central bank, and now the leaders of the G7 group are planning to legally confiscate these assets to finance the reconstruction of Ukraine with Discuss with each other.
The decision taken by the Western countries has greatly angered the Russian authorities, and they have warned the West that if this action is taken, it will harm these countries as much as the confiscated property, and will retaliate for this action.
In this regard, Dmitry Peskov, the spokesman of the Kremlin, said that Russia has a list of foreign assets of Western countries, and if these countries want to confiscate the assets of this country, Russia will seize all of them in retaliation. The Kremlin has even called the seizure of Russian assets a form of “open theft” by the West.
According to reports, the European Union, the G7 member states, Australia, and Switzerland have invested a total of 288 billion dollars in the Russian economy by the end of 2022.
Apart from the mentioned cases, there are other international concerns about the legality of the action to seize Russia’s frozen assets. Some legal and foreign relations experts believe that such an action can weaken the international financial system, while also destroying the trust in the US dollar and the euro by various countries as valid currencies to store the assets of these countries.