Top diplomat responds to Brussels’ idea of seizing government assets
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Seizing the foreign-exchange reserves of the Russian state would be an act of “complete lawlessness» and would undermine the very basis of international relations, Deputy Foreign Minister Alexander Grushko has said, commenting on an idea floated by the EU’s top diplomat, Josep Borell.
In a recent interview with FT, Borrell suggested seizing Russia’s frozen reserves and using them to cover the costs of rebuilding Ukraine once the conflict is over. Responding to these remarks, Grushko told RIA Novosti that the EU’s “appetite comes with eating” and that confiscation of the assets would be “complete lawlessness, the destruction of the very foundation of international relations.”
In Grushko’s opinion, such a decision, if taken, “will hit the Europeans themselves, hit the modern financial system and undermine confidence in Europe and in the West in general.”
“This is the law of the jungle,” he concluded.