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Dmytro Kuleba: Switzerland has frozen only 5% of Russian assets

02 Apr, 2024
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Dmytro Kuleba: Switzerland has frozen only 5% of Russian assets

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Currently, Switzerland has frozen only 5% of Russian financial assets under its jurisdiction. Ukraine hopes for more.

This was reported by Ukrainian Foreign Minister Dmytro Kuleba in an interview with Swissinfo.

According to him, Switzerland has frozen Russian assets worth 7.5 billion francs (8.2 billion dollars). These are assets of Russian individuals subject to Swiss sanctions.

At the same time, this amount represents only 5% of the total volume of Russian assets in Switzerland, as their total volume is estimated at 150 billion francs.

"We believe there is room for more action by Switzerland. Such action will send the message that aggression is unacceptable and that everyone must follow the rules. This will act as a powerful deterrent to any country tempted to launch an armed aggression," Kuleba emphasized.

The minister noted that Russia is unlikely to voluntarily agree to compensate Ukraine for the losses caused by the war. Therefore, the Russian assets blocked by Western countries should be used to compensate for these losses.

The Odessa Journal

The Odessa Journal

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