In Bern appreciated the idea of transferring assets of the Russian Federation to Kyiv with words about the right of ownership
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The transfer of Russian assets frozen in Switzerland to Kyiv would violate the constitutionally guaranteed right to property, declared in an interview with Matin Dimanche, Swiss Minister of Economy, Education and Research Guy Parmelan.
The minister was asked what he thought of the idea of handing over assets confiscated in Switzerland linked to Russia to Ukraine.
“In Switzerland, the right to property is fundamental and guaranteed by the Constitution. Thus, receiving money from one country or individuals from one country to transfer to another does not seem possible given the existing legal framework,” – said Parmelan (quote from RIA Novosti).
Earlier this week, the head of the country’s foreign affairs department, Ignazio Cassis, said that Switzerland feels pressure the international community, which requires the involvement of all states in the process of transferring frozen Russian assets to Ukraine. “If you want to give this money to Ukraine, you need appropriate international and national legal adjustments,” Cassis told Tages-Anzeiger, noting that the transfer of the frozen funds would require a nationwide referendum.
At the end of September 2022, President of Ukraine Volodymyr Zelensky suggested that Switzerland block Russian assets and transfer them to Ukraine. He also expressed his wish that Switzerland increase its support for the country.
At the end of November, the European Commission proposed the creation of a special fund to help Kyiv, which would include funds from the frozen 300 billion euros of Russian reserves and 19 billion euros of private individuals’ assets. The Kremlin has previously called the freezing of Russian assets a theft. At the end of October, the press secretary of the President of the Russian Federation Dmitry Peskov said that the blocking of assets abroad is contrary to international law.
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