Russia is considering downgrading its diplomatic relations with the United States if Western governments adopt proposals to seize its frozen assets, state news agency RIA reported, citing Deputy Foreign Minister Sergei Ryabkov as saying today. The Group of Seven (G7) want to use Russia's roughly $300 billion that is tied up from 2022 because of the sanctions to help Ukraine, which for a third year continues to fight against the Russian invasion. However, how this could be done remains highly complex, as it would set a controversial precedent. “Reducing the level of diplomatic relations is of course one of the options. Many high-ranking representatives in the government have already spoken to us about issues related to the financial, economic and material response to this step (confiscation), which we have warned our opponents, as before, not to do,” said Ryabkov, as […]
Source: News Beast
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