A roadmap has been prepared in anticipation of possible misappropriation of Russian state funds by Washington
The property of US-linked entities will be held liable for any confiscation of Russian assets by the US government, according to a decree signed by Russian President Vladimir Putin on Thursday.
The US and its allies have frozen some $300 billion in Russian sovereign assets due to the Ukraine conflict. Western nations are devising ways to use the funds to help Kiev’s war effort against Moscow.
The document released by the Kremlin outlines a future mechanism that would allow any damages caused by the US to be offset by property owned by the US itself or associated entities. The Russian government and central bank would be empowered to seek redress for such losses through a Russian court.
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