Russia says it has many ways to respond if its assets are confiscated by the West

Russian Foreign Ministry spokeswoman Maria Zakharova (Photo: TASS).

Russian Foreign Ministry spokeswoman Maria Zakharova said on June 20 that Russia currently holds a large amount of Western assets.

"Everyone can expect a Russian response. Russia's arsenal of economic and political responses is still very rich," Ms. Zakharova said. However, she stressed that Moscow would not reveal the nature of its response actions.

At last week’s summit, the G7 countries agreed to use profits from frozen Russian assets to lend Ukraine $50 billion. The money could help Ukraine rebuild its country or buy weapons.

The US and its allies have frozen about $300 billion in Russian central bank assets as part of sanctions imposed over Moscow’s military intervention in Ukraine, most of which are held in the EU.

The decision to use profits from frozen Russian assets to aid Ukraine was made by Europe after some EU members opposed the idea of ​​the US and UK to seize Russian assets to support Kiev.

Russia has repeatedly warned the West of serious consequences if these countries use Moscow's assets.

Source: https://dantri.com.vn/the-gioi/nga-tuyen-bo-co-nhieu-cach-dap-tra-neu-bi-phuong-tay-tich-thu-tai-san-20240620182730765.htm