Russia: Moscow’s response to blocking foreign assets will be tough
reported by Mehr News Agency quoted by Rashatudi, the Russian Foreign Ministry issued a statement on Tuesday warning Europe that the freezing of Russia’s foreign assets will be met with a harsh response from Moscow.
Recently, “Vincent Van Petgem”, the Minister of Finance of Belgium, announced the European attempt to take advantage of Russia’s blocked assets. In this regard, he said that the European Union has come close to a political agreement to confiscate the profits from the reserves of the Central Bank of Russia.
Belgium’s finance minister noted that these assets were blocked in line with Brussels sanctions against Moscow. At the same time, the European Union officials are considering a plan to impose a tax on profits from Russian foreign assets.
Joseph Borrell, the European Union foreign policy official, recently suggested that 90% of the profits from Russia’s tributary assets should be given to the European Peace Fund for The procurement of military weapons for Ukraine will be spent, and the rest will be transferred to the European Union budget to support Kiev’s defense industry.
Dmitry Peskov, the spokesman of the Russian presidency, announced in response that Moscow will counter the illegal US initiative to confiscate Russian assets.
Pskov added that this is illegal and will be subject to retaliatory and legal action as a result.
Hungarian Foreign Minister Peter Siarto also spoke against the actions of Western countries led by the United States regarding the misuse of Russian assets and their transfer to Ukraine in early July.
Hungarian Foreign Minister said in this regard: The European Union’s decision to allocate revenues from Moscow’s frozen assets to Kyiv, regardless of Hungary’s opinion, is a shameless violation of red lines. Hungary was exempted from the sanctions package in the field of investment in the construction of Paksh-2 nuclear power plant; EU companies do not need permission from the authorities.
