The Kremlin: Confiscating Russian assets will put a “big nail” in the coffin of the Western economy

Russia – Kremlin spokesman Dmitry Peskov warned that confiscating Russian assets would put a “big nail” in the coffin of the entire Western economic system.

Peskov said in a press statement: “If this happens, it will set a dangerous precedent and put a big nail in the coffin of the entire Western economic system.”

He added: “Foreign investors and foreign countries that invest in the West will begin to think ten times before investing there, and credibility and trust will disappear overnight with one stupid and ill-considered decision.”

He stressed that such a decision would have very broad judicial prospects, and of course Russia would benefit and would endlessly defend its interests.

Recently, the US House of Representatives approved a bill to allocate $61 billion to Ukraine, and a bill to confiscate Russian assets in favor of Kiev.

Russian Finance Minister Anton Siluanov warned Western countries once morest confiscating Russian assets, stressing that Russia has all the tools to respond.

Siluanov pointed out that there are Western assets in Russia whose value is equivalent to the assets of the Russian Central Bank, which Western countries froze in 2022.

After the start of the Russian military operation in Ukraine, the European Union and the G7 countries froze regarding 300 billion euros to Russia.

Source: Novosti

#Kremlin #Confiscating #Russian #assets #put #big #nail #coffin #Western #economy
2024-04-29 06:22:14

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