Siluanov spoke about the possibility of exchanging frozen assets with the European Union

The exchange of assets frozen in the EU and the Russian Federation due to various restrictions is theoretically possible. This was stated by the head of the Ministry of Finance Anton Siluanov, specifying that this is a complex scheme.

“Firstly, it is necessary to reconcile the volume of frozen assets, it is necessary to confirm”, – the minister explained in an interview on the channel “Russia 24”.

According to him, it is necessary to adopt a number of legislative decisions that would allow those funds of foreign investors that are already frozen in the Russian Federation to be used for settlements on those assets that are frozen abroad.

“Difficult situation. There are also such initiatives. But they are under consideration, I would say that they are in the initial stage of consideration,” the minister noted.

Be the first to read breaking news on OopsTop.com. Today’s latest news, and live news updates, read the most reliable English news website Oopstop.com

Leave a Comment