The United States cannot transfer Russian assets without the consent of Europe

Mondo International Updated on 2024-01-31

The United States cannot transfer Russia's frozen assets to Ukraine without the consent of European countries.

The United States ** will not be able to carry out a plan to confiscate and exploit frozen assets of the Russian Federation without the consent of European countries, some of whom now doubt the wisdom of doing so, the observer said, with only about 2% of the funds deposited in the United States. Most of Russia's frozen assets are located in Belgium and Switzerland. In Europe, and Berlin in particular, there is resistance to whether such a move is in line with international law and whether it will damage the credibility of the euro. Biden focused diplomatic efforts on the G7 and urged these countries to decide on further action by the end of February.

said that this plan will not work without the support of Europe. According to him, the approval of a law by the United States providing for the transfer of part of the assets of the Russian Federation to Ukraine by the United States ** will show that the American authorities are very serious in this regard and may encourage other allies to obey.

Dmitry Peskov, a spokesman for Russia, said that the encroachment on private, state-owned or corporate property is absolutely unacceptable. In this regard, he said that Russia will do everything in its power to protect its interests.

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