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VisitSiluanov: Russia to Use Income from Western Assets if West Uses Frozen Russian Assets
Oct 24, 2024, 11:13 AM
Anton Siluanov, the Finance Minister of Russia, announced that if the West has begun utilizing income from Russia's frozen assets, Moscow will reciprocate by using the income from assets of foreign persons and unfriendly companies in the Russian Federation. This statement underscores a potential escalation in economic measures between Russia and Western countries, with estimates indicating that over $300 billion in Russian assets are frozen.
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