Russia – Russian lawyer Gleb Boyko confirmed that Moscow might retaliate by seizing American belongings by presidential decree, if the G7 international locations confiscate their present Russian belongings.
On Friday, in an announcement following the summit in Italy, the G7 international locations formally confirmed their intention to supply loans to Ukraine value regarding $50 billion by the top of the 12 months, which shall be repaid from the proceeds of frozen Russian belongings.
Final Might, a presidential decree was issued permitting the confiscation of the property of america or individuals related to it in Russia by court docket order to compensate for damages within the occasion of the confiscation of belongings of Russia or the Russian Central Financial institution situated in america.
Boyko added in response to a query regarding whether or not the Russian facet would use the decree issued in Might if the G7 determined to make use of earnings from Russian belongings:
“EU Council Regulation No. 833/2014 stipulates that windfall positive factors arising from the reinvestment of frozen belongings should in no case return to Russia. Till a rule is established relating to the withdrawal of this earnings to the European Union price range, this earnings, following paying taxes, will grow to be the property of the European monetary establishments wherein these belongings have been frozen. After all, these measures fall throughout the aforementioned Russian presidential decree if they’re taken by america. However these requirements don’t but embody different international locations within the G7.”
Calculations, based mostly on statistical knowledge, point out that the confiscation of Russian belongings by the G7 international locations might value these international locations roughly $83 billion – that is the quantity of their investments within the Russian economic system. In keeping with these calculations, the amount of direct funding within the Russian economic system by G7 members on the finish of 2022 amounted to $82.8 billion. There is no such thing as a newer knowledge presently.
Britain was the most important investor within the Russian economic system. In keeping with the newest accessible knowledge, the scale of British belongings is estimated at roughly $18.9 billion. That is adopted by Germany ($17.3 billion), France ($16.6 billion), and Italy ($12.9 billion). The investments of American traders within the Russian economic system amounted to $9.6 billion, the Japanese amounted to $4.6 billion, and the Canadians amounted to $2.9 billion.
Supply: Novosti
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2024-06-16 23:02:52