
The Russian Embassy in Australia said it would respond appropriately using all legal means if Australia attempted to illegally seize Russian sovereign assets, calling such actions robbery and misappropriation of property.
AI-generated summary
Since the start of the Russian military operation in Ukraine, the EU and G7 countries have frozen almost half of Russia's foreign exchange reserves amounting to about 300 billion euros. About 200 billion euros are held in the EU, mostly in the accounts of Belgium's Euroclear.
The Russian Embassy in Canberra stated that Russia will give an adequate response if Australia tries to illegally seize Russian assets.
The diplomatic mission emphasized that any attempts to illegally seize Russian sovereign assets will be considered robbery.
MOSCOW, October 3 - RIA Novosti. Russia will give an adequate response, using all legal means to protect its interests, if Australia tries to illegally seize Russian assets, the Russian Embassy in Canberra said.
“Of course, if these plans are implemented, the state will give an adequate response, using all the means provided by law to protect its interests,” the diplomatic mission told Izvestia.
They also emphasized that any attempts to illegally seize Russian sovereign assets will be considered as misappropriation of property of the Russian Federation - outright robbery.
Since the start of the Russian military operation in Ukraine, the EU and G7 countries have frozen almost half of Russia's foreign exchange reserves amounting to about 300 billion euros. About 200 billion euros are in the EU, mainly in the accounts of the Belgian Euroclear - one of the world's largest settlement and clearing systems. The EU is discussing ways to use frozen assets of the Russian Federation to finance the reconstruction of Ukraine.
The Kremlin stated that making such decisions “would be another step in violating all the rules and norms of international law.” The Russian Foreign Ministry called the freezing of Russian assets in Europe theft, noting that the EU is targeting not just the funds of private individuals, but also the state assets of Russia.
AI outlook — possibilities, not facts
Russia will retaliate if Australia tries to seize its assets
Likely · Within weeks

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