Russia: Diplomatic ties with US could break down over asset seizures – Times of India

Russia: Diplomatic ties with US could break down over asset seizures - Times of India

Moscow: Russia can cut Diplomatic relations With America if Washington Confiscates Russian assets were frozen. The Ukrainian WarInterfax news agency quoted Deputy Foreign Minister Sergei Ryabkov as saying on Friday.
Ryabkov said the United States “shouldn’t be under the illusion … that Russia is clinging to diplomatic relations with this country with both hands.”
Russia has described relations with the United States as “below zero” as U.S. military and financial aid to Ukraine nears the end of its second year in the war.
Ryabkov said Russia, which sent troops into Ukraine in February 2022 in what he called a “special military operation,” would not initiate a breakdown in diplomatic ties, but that such a breakdown could be triggered by a variety of factors. May be.
He said it could be motivated by asset confiscation, further military buildup and many other things.
Some Western politicians are pushing for $300 billion in frozen Russian assets to be handed over to Ukraine to help rebuild its war-torn economy.
Kremlin spokesman Dmitry Peskov told reporters on Friday that any such move would deal a severe blow to the global financial system.
He said Russia would not “leave in peace” any country that seized its assets, and in such a situation would see what Western assets it could seize in retaliation.
Russia has retaliated in various ways against Western sanctions aimed at punishing it for the Ukraine war and curbing its ability to finance it.
This week, President Vladimir Putin ordered that two European concerns, Wintershall Dea and OMV, divest multibillion-dollar stakes in gas projects in the Russian Arctic.

Vladimir Putin,The Ukrainian War,Russia,Diplomatic relations,Confiscates,Possession of assets

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