The attempt of the US and its allies to use Russia’s foreign assets
| The US Treasury Secretary said that the country and its allies are looking for a way to exploit Russia's frozen foreign assets. |
report Mehr News Agency quoted Reuters, the US Treasury Secretary said about the Group of Seven’s attempt to exploit Russia’s foreign assets.
The US Treasury Secretary Janet Yellen announced on Friday that Washington and its allies will look for options to exploit the frozen Russian assets.
The US Treasury Secretary also told Reuters in an interview on Thursday that any action needs a strong legal reason.
An Italian newspaper reported on Sunday that US President Joe Biden once again raised the issue of using the proceeds. Russia’s frozen assets, worth 300 billion dollars, were raised for the reconstruction of Ukraine at the virtual meeting of the Group of Seven, but the EU member states have not yet decided on its possible confiscation.
According to this media, Germany, France, the European Commission and the European Central Bank are still discussing the confiscation of assets. Blocked Russia is doubtful because this action may have serious legal consequences and affect the image of the European region.
In this report, it is emphasized that England supported the idea of using Russian assets for the benefit of Ukraine, but the statement The final meeting only contained provisions on strengthening efforts to study the technical aspects of this measure.
“Joseph Burrell”, the European Union’s foreign policy official, said earlier that EU member states will discuss the use of They continue to use frozen Russian revenues for the reconstruction of Ukraine, but so far no full agreement has been reached in this regard.
