Czech Government Freezes Russian State Property: Sanctions and Impacts Explained

2023-11-15 18:40:00

The Czech government approved the freezing of Russian state property. This was announced by the country’s Foreign Ministry Jan Lipavsky.

“Today [15 ноября] at my suggestion, the government approved the freezing of Russian state property in the Czech Republic,” the politician wrote on the social network X (formerly Twitter). The government approved the inclusion of the company for managing Russian assets abroad, FSUE Goszagranprosperty, on the national sanctions list.

Previously, the Czech government froze the property of Russian businessmen worth tens of millions of dollars. Prime Minister of the country Petr Fiala clarified that the measures taken affected only entrepreneurs whose actions are in one way or another connected with the government of the Russian Federation, reports TV channel 360. Prague also deprived Moscow of the right to use bank accounts into which rent payments are received, reports “National News Service».

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