Volodin called the possible seizure of Russian assets by the West a “shot in the foot”

The West admitted that it wants to “steal” Russian assets, but such a decision will be a “shot in the leg” for the US and the EU, since no state or business will invest in countries where there is a risk of withdrawal of funds. About it stated State Duma Speaker Vyacheslav Volodin in his Telegram channel.

The politician made a number of conclusions against the backdrop of a statement by the foreign ministers of the G7 countries about their refusal to return assets to the Russian Federation until Moscow agrees to pay compensation to Ukraine. In his opinion, the West “wants to steal” the blocked reserves of the Russian Federation.

Volodin emphasized that such plans are criminal and should be assessed by international structures and foreign states. According to him, the G7 “finally destroyed the myth of the inviolability of property” that underlay the legal system of the US and EU countries.

In addition, what is happening is detrimental to international law, since other countries may follow the example of the United States and its “six”, Volodin believes. At the same time, he continued, Russia has moral and legal grounds for “actions regarding the assets of G7 countries.”

The State Duma speaker emphasized that the West’s possible decision to seize Russian assets will not affect the country’s economy, since “Russia has already earned twice as much as its gold and foreign exchange reserves were frozen.” In conclusion, Volodin called for investing in his country – Russia. According to him, this is the most reliable way to invest funds. “And the money will be intact, and the conscience will be clearer,” he noted.

November 8 G7 countries published statement following a two-day meeting of the foreign ministers of the association countries in Tokyo. In it, the G7 countries emphasized that Russia will not receive blocked assets until it agrees to pay compensation to Ukraine.

Previously, Russian authorities have repeatedly called the freezing of Russian assets theft and a violation of international law. Press Secretary of the President of the Russian Federation Dmitry Peskov warned, that the seizure of assets “will entail very serious legal costs for those who make such decisions and who take advantage of such decisions.” He added that Russia’s response “can hardly be mirrored,” but it will be in line with the country’s interests.