The State Duma explained how Russia can make money from US and European assets 17:14

Russia can make money without seizing Western assets. This is the opinion in the interview he gave to Duma TV expressed Chairman of the State Duma Committee on Property, Land and Property Relations Sergei Gavrilov. According to him, the use of funds, dividends and derivative income is normal.

“We can create a kind of mortgage potential, a pool, from these closed accounts we have accumulated; This means billions of dollars in dollars. And use them as collateral, to lend money, as collateral and make money from them. So we will not officially confiscate them, but we can make money from them,” Gavrilov said.

Referring to why Russia has not yet seized foreign assets, the MP emphasized that the world was founded on respect for law.

May 23 Russian President Vladimir Putin signed A decree giving Russian courts the right to use U.S. property to compensate for losses resulting from the seizure of Russian assets. We are talking about the complete transfer of rights to Russian copyright holders. The State Duma described the decree as a “natural solution” in response to the aggressive policies of the West.

Before that, American leader Joe Biden had signed a law allowing the seizure of Russian assets and their use to help Ukraine, but the US has so far made no attempt to seize the funds.

Previously in Russia calculated the size of American assets in the country.

What are you thinking?

Source: Gazeta


More from author

Russia is alarmed by Ukraine’s desire to participate in peace talks 21:47

Russia has asked UN Security Council members to find out the reason for the unexpected desire of Ukrainian authorities to start negotiations to resolve...

The unified gambling regulator allocated 16.5 billion rubles to Russian sports in 2024 21:53

The Unified Regulator of Gambling (ERAI) allocated 16.5 billion rubles to Russian sports for the first quarter of 2024. This is evidenced by the...

A residential building in Dagestan was cut down and unidentified persons threaten to blow it up 21:48

Law enforcement and emergency services have cut off electricity to a residential building in the city of Kaspiysk, Republic of Dagestan, where unidentified persons...

Nebenzya says corruption in Ukraine hinders supply of Western weapons 19:43

It is becoming increasingly difficult for Western countries making new arms sales to Kiev to ignore corruption in Ukraine, as noted by Russia’s permanent...