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News > Russia

Russia to React if EU Seizes Frozen Assets in Favor of Ukraine

  • Russian Deputy Foreign Minister Alexander Grushko. Feb. 16, 2023.

    Russian Deputy Foreign Minister Alexander Grushko. Feb. 16, 2023. | Photo: Twitter/ @tassagency_en

Published 16 February 2023
Opinion

Grushko called the actions of the EU and the West on Russia a "flagrant violation of basic international law."

On Thursday, Russian Deputy Foreign Minister Alexander Grushko said that his country will respond in case the European Union (EU) decides to seize Russian assets in favor of Ukraine.

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"If necessary, we will take appropriate measures to protect our legitimate interests," said the Russian diplomat, who denounced that "what the EU is doing is completely illegal."

According to Grushko, a number of countries question whether this measure is in accordance with international law.

"Many countries have doubts about the success of this campaign," he said, adding that the United Nations Security Council (UNSC) is the only institution with the authority to impose international sanctions.

In this regard, Grushko called the actions of the EU and the West on Russia amid the ongoing conflict in Ukraine a "flagrant violation of basic international law."

Grushko's comments came as the EU's Permanent Representatives Committee approved the day before the creation of an ad hoc working group on the use of frozen and immobilized Russian assets to support Ukraine. 

Previously, the Swiss Federal Council announced that "a working group led by the Federal Office of Justice concluded that the confiscation of private Russian assets would undermine the Federal Constitution and the existing legal order."

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