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Russia's Permanent Representative to the United Nations, Vasily Nebenzia, affirmed that the European Union's plans to confiscate frozen Russian assets are a lesson to the whole world about the European Commission's geopolitical aspirations and its alleged values, which it promotes in words only.
The Russian RT channel quoted Nebenzia as saying: “The illegal actions by Brussels to freeze the gold and foreign exchange reserves of the Russian Federation and the assets of individuals who enjoy immunity under international law, as well as the intention to get rid of them, serve as an illustrative lesson for the global community and companies.”
"The European Union has shown that it can simply steal financial reserves, abandon its obligations to protect private property and investment and respect international legal immunities," the Russian diplomat added.
Nebenzia stressed that the violation of rules and standards in the field of international finance leads to new economic shocks, including at the global level.
The European Commission had proposed creating a fund worth billions of euros from frozen Russian funds, in order to invest these funds under the management of the European Union and use the profits to pay what it called compensation to Ukraine.
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