Putin said that “theft of other people’s assets” does not lead to good

“Theft of other people's assets” does not lead to anything good and only brings problems to those who do it, Putin said. Earlier, the European Union and the United States proposed to withdraw frozen Russian assets in favor of Ukraine /74/756535632259744.jpg” alt=”Putin said that “theft of other people's assets” does not lead to good” />

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Violation of international norms and “theft of other people's assets” will only lead to problems for those who do it, said Russian President Vladimir Putin, speaking at a meeting of the Eurasian Economic Forum. The President stated this against the backdrop of proposals from the United States and a number of other Western countries to send frozen Russian assets to help Ukraine.

“Violation of the rules, norms in the field of international finance, trade does not lead to anything good. And to put it in simple terms, it will only lead to problems for those who do it. Theft of other people's assets has never brought anyone to good, especially those who are engaged in this unseemly business, — Putin said.

According to him, it is not only in Russia or China, but also in “many other countries.” More and more of them “want and will pursue an independent policy, and no world gendarme” will not be able to stop this “natural global process,” the president noted.

Since the end of February, Western countries, in particular the United States, Great Britain and the European Union, have repeatedly tightened sanctions against Russia. Due to restrictive measures, almost half of Russia's gold and foreign exchange reserves, or about $300 billion, were frozen.

In addition, the property of Russian businessmen who fell under sanctions is being arrested abroad. And the European Union, as the head of the European Commission Ursula von der Leyen said last week, is looking for ways to use these assets to rebuild Ukraine. US President Joe Biden also proposed seizing the seized property of Russian businessmen in favor of Kyiv.

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The Kremlin warned that they would consider the seizure of Russian assets in favor of Ukraine “in fact, outright theft.” Such a decision may cause retaliatory measures from Russia, and also alienate other countries and investors from the United States, the Federation Council said.

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