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Putin signs the law to compensate Russia's confiscated assets in the United States

Source: Xinhua News Agency
2024-05-23 23:15

Former title: Putin signs the decree to compensate Russian confiscated assets in the United States

Xinhua News Agency, Moscow, May 23 (Reporter Huadi) Russian President Vladimir Putin signed a decree on compensating Russia for its confiscated assets in the United States on May 23, in response to the confiscation of Russian assets in the United States by the United States.

According to the documents published by the Russian Legal Information Network, the signing of the decree "is related to unfriendly and violation of international law by the United States aimed at causing damage to Russia and the Russian Central Bank".

According to the decree, the Russian court has the right to use American assets in Russia, including the movable and immovable properties of the United States, American companies and American citizens in Russia, the securities they hold, the shares in the legal capital of Russian companies, and other property rights, to compensate for the losses caused by the seizure of Russian assets by the United States.

Editor in charge: Zhu Jingjing

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