Russian Foreign Minister Sergey Lavrov stressed that Moscow would definitely respond on seizures its assets in the West.
The foreign minister has also underlined at a three-day Antalya Dimplomacy Forum that the option of confiscating only profits from Russian assets in the West would still be regarded by Moscow as theft, adding that each case to be considered individually.
Earlier, Finance Minister Anton Siluanov said that Russia will give a “symmetrical” response to any actions by the US and its allies that target its frozen assets abroad.
Sweeping international sanctions imposed on Russia after the outbreak of the Ukraine-Russia conflict in February 2022 have blocked a number of assets abroad.
The state news agency Ria Novosti recently calculated that Western assets in Russian accounts are estimated at around $288 billion: the $223 billion attributed to European countries, $98.3 billion is attributed to Cyprus.
UK Prime Minister Rishi Sunak says G7 countries must be “bolder” in seizing frozen Russian assets. Despite this, Germany, France and the European Central Bank are the most cautious about the possible confiscation of frozen Russian assets.
