May 18, 2024

G20 members lobby EU against seizing Russian assets FT

Saudi Arabia and Indonesia have reportedly been raising concerns over their own reserves held in the West

The confiscation of frozen Russian assets could set a dangerous precedent in international law, Indonesia and Saudi Arabia warned the EU at a recent meeting of G20 finance ministers, the Financial Times reported on Friday.

The US and its allies have blocked around $300 billion in Russia

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