Arya News - Attempts to seize sovereign assets in the West pose risks for all states whose funds are held in Western jurisdictions, the Russian Foreign Ministry said.
Russia, together with its partners among the global majority, will continue to fight against illegitimate unilateral measures, the statement said. Following the start of Russia"s military operation in Ukraine in 2022, the European Union and the G7 froze nearly half of Russia"s foreign currency reserves, totaling approximately 300 billion euros ($349.3 billion). Around 200 billion euros are held in European accounts, predominantly at Belgium"s Euroclear. The Kremlin has stated that any attempts to confiscate Russian assets amount to theft and are a violation of international law.