China, Saudi Arabia, and Indonesia are reportedly lobbying the European Union to resist calls for the seizure of over €200 billion in Russian assets frozen since Russia's full-scale invasion of Ukraine in February 2022, according to Politico. These assets, both private and public, total over €240 billion, as reported by the Associated Press. The EU, under the guidance of EU Commissioner for Justice, Didier Reynders, is considering using these funds to compensate Ukraine for damages. The lobbying efforts are in response to pressure from the United States and the United Kingdom. The concerned countries argue that confiscating these assets could set a dangerous precedent, potentially threatening their own assets abroad.
Russia's allies call on the EU to abandon the idea of confiscating $200 billion of frozen assets of the Russian Federation " Politico reports that representatives from China, Saudi Arabia and Indonesia are privately calling on the EU to continue to resist pressure from the US… https://t.co/t8JczPSqIw
Representatives of China, Saudi Arabia, and Indonesia are privately pushing the E.U. to “continue resisting pressure” from the U.S. and U.K. to seize more than €200 billion of frozen Russian state assets, four officials told POLITICO. https://t.co/5nO53IdRXS
China, Saudi Arabia and Indonesia are asking the EU to abandon the idea of confiscating Russia's frozen assets. Countries worry the move would “set a precedent” for retaliatory confiscation of Western assets According to Politico, these states asked EU representatives to “not…
Friends of Russia ask the EU to abandon the idea of confiscating frozen assets of the Russian Federation, - Politico ▪️This position is privately advocated by representatives of China, Saudi Arabia and Indonesia. They fear that the confiscation of Russian assets will create a… https://t.co/doemfLqlUw
Several countries caution EU against seizing Russian assets, anticipating precedent fallout According to a report from POLITICO, several nations, informally referred to as "friends of Russia," has urged the European Union to refrain from confiscating frozen Russian assets. This… https://t.co/MKhe68nYK7
'Friends of Russia' ask EU to drop idea of confiscating $200 billion in frozen Russian assets - Politico Representatives of China, Saudi Arabia and Indonesia are privately urging the EU to continue to resist pressure from the U.S. and Britain. They fear that confiscating Russian… https://t.co/8BQbySpTeA
⚡️EU countries have frozen over €240 billion of Russia's private and public assets, the AP reported. The European Union is developing a mechanism to use these funds to compensate for the damage inflicted on Ukraine, EU Commissioner for Justice, Didier Reynders, said during his… https://t.co/Bsfu7gBnsq
🇪🇺🇨🇳🇮🇩🇸🇦🇷🇺 China, Indonesia and Saudi Arabia call on the EU to abandon the confiscation of 200 billion euros of frozen assets of the Russian Federation - Politico “The three states fear that such actions will set a precedent and could cause problems for their own assets abroad” https://t.co/wQYk32h2t4
🇨🇳🇮🇩🇸🇦⚡ China, Indonesia and Saudi Arabia call on the EU to abandon the confiscation of €200 billion of frozen assets of the Russian Federation - Politico According to the publication's sources, the three states fear that such actions will create a precedent and could cause… https://t.co/BEBBwQWs82
China, Saudi Arabia and Indonesia are pushing the EU not to seize more than €200 billion of Russian state assets frozen after Russia’s invasion of Ukraine. Not a good look. https://t.co/VFNpdoyiBQ
Representatives of China, Saudi Arabia and Indonesia are privately lobbying the EU to continue resisting pressure to seize more than €200 billion of Russian state assets immobilized after February 2022’s full-scale invasion of Ukraine https://t.co/K4h94m3NEc