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

Is Bangladesh cosying up to Beijing and Islamabad?

The Kunming gathering appears to mark the beginning of a dangerous geopolitical maneuver. Behind the diplomatic curtain, efforts to forge a strategic bloc seem to be underway—one that not only threatens regional

UAE rolls out red carpet for Indian start-ups

MoU signed with IIT Bombay’s SINE as CEPA Start-up Series aims to accelerate market access for Indian ventures In a bid to bolster cross-border entrepreneurship and innovation, the UAE-India CEPA Council (UICC),

Fuel switch mystery in Air India horror crash

Cockpit voice recordings, fuel switch anomalies and a possible overlooked advisory emerge in early findings The preliminary investigation into the crash of Air India flight AI171, which went down shortly after take-off

Pentagon takes stake in rare earth firm

This partnership aims to enhance the US’s strategic independence in critical minerals, which are essential for both defense and commercial applications In a significant move to bolster domestic rare earth production, MP

UK Leaders Slam Bangladesh Interim Rule

UK Leaders Urge Starmer to Act Against Bangladesh Interim Regime…reports Asian Lite News Several prominent UK politicians — including current and former lawmakers — along with human rights advocates and religious community
Go toTop

Don't Miss

First joint drill by Japan, US, S. Korean coast guards

The exercise included patrol vessels and two helicopters performing search

S.Korea, US, Japan hold missile defence drills

The drills took place as the three countries have been