Uncovering and confiscating Russia's assets around the world
The US Congress supported the confiscation of Russia's foreign exchange reserves in favor of Ukraine. How many are there? Where are they? And how can this be done?
In April, the US Congress agreed to confiscate Russian assets in favor of Ukraine. What are the assets of the Russian Federation in the United States and the rest of the world? LIGA.net looked into this issue.
Sovereign assets are all assets that belong to the state and enjoy sovereign immunity in international law. These are the assets of the country's central bank, as well as the assets of diplomatic and consular missions. These are military assets, central bank accounts, and assets that are part of the cultural heritage of the state.
Most of the frozen Russian assets abroad belong to the Central Bank of the Russian Federation. It is known that the total amount of immobilized assets in the world reaches about 300 billion euros.
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