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Moscow is considering exchanging frozen assets of Russian investors abroad with foreign funds in Russia

2022-11-25T12:50:16.454Z


Moscow, SANA - Russian Finance Minister Anton Siluanov announced that the issue of exchanging investors' assets is currently being discussed


moscow-sana

Russian Finance Minister Anton Siluanov announced that the issue of exchanging frozen assets of Russian investors abroad for foreign funds is being discussed in Russia.

“This measure is theoretically possible if a number of legislative decisions are adopted that will allow the use of frozen funds of foreign investors in Russia as settlement of frozen assets abroad,” Siluanov was quoted as saying by TASS news agency today.

Siluanov described this procedure as a difficult situation, noting that there are initiatives of this kind, which are still in the initial stage of study.

In addition, the Russian government affirmed its support for national companies affected by Western sanctions, and announced a set of measures to maintain financial and economic stability in the country.

Western countries imposed economic sanctions on Russia after its special military operation to protect the population of Donbass last February, and those illegal sanctions led to a significant increase in oil, gas and food prices around the world.

Follow SANA's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All news articles on 2022-11-25

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