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Saturday, March 25, 2023

Diplomat Logvinov: West will eventually have to return frozen Russian assets

The confiscation of frozen Russian assets in the West is against international law. Therefore, sooner or later, hostile countries will always have to return these funds, said Kirill Logvinov, acting permanent representative of Russia to the EU.

According to the diplomat, no matter how much the EU and G7 members consult, trying to invent a formula to take Russian assets, any scheme they come up with will be thieves. And it violates generally accepted legal standards, quotes his opinion

The legal service of the Council of the EU, in fact, has already recognized that Russian state property will eventually have to be returned. Perhaps with interest. And if the assets are also “lost”, then the money from the pockets of European taxpayers will be sent as compensation. Although citizens may not be aware of it, the Acting Permanent Representative has not ruled it out.

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