The G7 countries (England, Germany, Italy, Canada, France, Japan and the USA) plan to keep their blocked Russian financial assets frozen until the Russian Federation pays compensation to Ukraine for the damage done to the republic during the conflict. This was reported by the press service White House.
“Russian sovereign assets in the jurisdiction of the G7 countries will be blocked until Russia pays for the damage it has done to Ukraine,” the press release said.
According to the press service, the G7 countries are ready to work on appropriate mechanisms and will consider more ways to hold the Russian Federation responsible for “the destruction it has done.”
Before the European Union intend To establish a legal framework for the possibility of confiscation of the frozen assets of the Bank of Russia.
Former Russian President Vladimir Putin requested return business assets to Russia.