Decree comes as the European Union is ramping up its efforts to harness frozen Russian assets for Ukraine’s reconstruction
Russian President Vladimir Putin has signed a decree to swap the frozen overseas assets of Russians for foreign companies’ funds frozen in Russia.In the wave of international sanctions that followed Russia’s invasion of Ukraine in February 2022, the U.S. government and others froze Russian assets. In response, Moscow froze some assets belonging to foreign investors and companies.
From the archives : Unilever CEO vows to look at Russian operations with ‘fresh eyes’ as pressure to exit the country mounts Putin’s decree comes as the European Union is ramping up its efforts to harness frozen Russian assets for Ukraine’s reconstruction.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukrainian Teen Putin Claimed to Rescue From War Drafted Into Russian ArmyBogdan Ermokhin was taken from Mariupol in spring 2022 and now faces serving in Moscow's forces, his lawyer has said.
Read more »
Wives of Russian Troops Hold Protest in Moscow Against Putin's WarDozens of military wives gathered to demand their husbands be returned home from Ukraine.
Read more »
Putin's Popularity Rises in Russia, Drops Among Americans, Polls SayA poll showed that approval of Russian President Vladimir Putin's actions has increased from 69 percent in January to 83 percent in March.
Read more »
Putin calls for closer Russia-China cooperation on military satellites, prospective weaponsRussian President Vladimir Putin tells a visiting senior Chinese military official that Moscow and Beijing should expand their military cooperation.
Read more »
Putin calls for closer Russia-China cooperation on military satellites and prospective weaponsRussian President Vladimir Putin has told a senior Chinese military official that Moscow and Beijing should expand their cooperation on military satellites and other prospective defense technologies
Read more »
Putin calls for closer Russia-China cooperation on military satellites and prospective weaponsRussian President Vladimir Putin has told a senior Chinese military official that Moscow and Beijing should expand their cooperation on military satellites and other prospective defense technologies.
Read more »