January 28, 2024
1 min read

Russia Issues Warning to West Over Asset Seizures

The ministry said that such actions are “a blatant encroachment on sovereign real estate and banal, outright theft by one group of states of the property of another…reports Asian Lite News

Russia will respond to any attempts by Western countries to confiscate its Russian property and assets abroad, the Russian Foreign Ministry said on Sunday.

“We have spoken more than once about the illegitimacy of unilateral coercive measures taken by Western countries in relation to Russian property abroad. We have repeatedly noted that the seizure of property of the Russian Federation is unlawful and violates the fundamental principles and norms of international law, including the sovereign equality of states,” Russia’s RIA Novosti reported quoting the ministry as saying.

The ministry said that such actions are “a blatant encroachment on sovereign real estate and banal, outright theft by one group of states of the property of another,” Xinhua news agency reported.

“At the same time, the countries of the ‘collective West’ can be sure that any of their attempts to confiscate Russian real estate, as well as other assets, will inevitably entail an adequate and effective response,” the ministry said.

ALSO READ: Moscow’s Novy Arbat building lightens up with Indian and Russian flags

Previous Story

Spotify Protests Apple’s ‘Unacceptable’ App Store Revamp

Next Story

Nitish Kumar Returns to Power in Bihar, Realigns with BJP

Latest from -Top News

India Hits $1 Trillion FDI Milestone

Between April 2014 and September 2024, India attracted USD 709 billion in FDI, accounting for 69% of the total inflows since 2000. India has reached a remarkable economic milestone, with Foreign Direct

Maha Kumbh 2025: Festivities Begin

Women participated in a special Ganga Aarti at the Triveni Sangam in Uttar Pradesh’s Prayagraj earlier. The ritual also served as a rehearsal for the upcoming Kumbh Mela. The festivities for Maha
Go toTop

Don't Miss

Threats Fly as UK Backs Ukraine’s Missile Rights Against Russia

UK’s Cameron supports Ukraine’s use of British missiles to strike

NY attorney general subpoenas Trump family in fraud probe

The filing came to light after the Washington Post reported