Russia vows to reclaim frozen assets while tightening foreign investor controls
Russia's special envoy for G20 and APEC affairs, Marat Berdyev, has expressed confidence in the return of Russia's frozen assets. Meanwhile, Russia has implemented restrictions on assets held by foreign investors from 'unfriendly' nations, and Belgium has raised concerns about transferring these assets to Ukraine.
Berdyev has assessed the prospects for the recovery of Russia's frozen assets, stating that the country has the means to secure their return through international legal mechanisms. This comes as Russia has introduced restrictions on assets belonging to foreign investors from 'unfriendly' countries, confining them to special Type C accounts with limited withdrawal permissions.
However, Belgium has opposed the transfer of Russia's frozen assets in the EU to Ukraine. It has cited concerns about legal risks, shared liability, and potential Russian retaliation as reasons for its opposition.
Russia's special envoy remains optimistic about the prospects of recovering frozen assets, while Russia imposes restrictions on foreign investors' assets. Meanwhile, Belgium's opposition to transferring these assets to Ukraine highlights the complex international dynamics at play.
