https://en.sputniknews.africa/20250207/russia-uses-proceeds-from-western-assets-to-develop-its-economy-ambassador-to-france-says-1070539010.html
Russia Uses Proceeds From Western Assets to Develop Its Economy, Ambassador to France Says
Russia Uses Proceeds From Western Assets to Develop Its Economy, Ambassador to France Says
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MOSCOW (Sputnik) - Meanwhile, the G7 countries' seizure of approximately $300 billion in Russian assets might result in a loss of nearly $83 billion from their... 07.02.2025, Sputnik Africa
2025-02-07T09:38+0100
2025-02-07T09:38+0100
2025-02-07T09:38+0100
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Russia is already using proceeds from Western assets in the country to develop its own economy, Russian Ambassador to France Alexey Meshkov told Sputnik.
https://en.sputniknews.africa/20240615/confiscation-of-russian-assets-by-g7-countries-could-cost-them-almost-83-billion-1067058570.html
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Russia Uses Proceeds From Western Assets to Develop Its Economy, Ambassador to France Says
MOSCOW (Sputnik) - Meanwhile, the G7 countries' seizure of approximately $300 billion in Russian assets might result in a loss of nearly $83 billion from their investments in the Russian economy, according to calculations by Sputnik, using data from national statistical services.
Russia is already using proceeds from
Western assets in the country to develop its own economy, Russian Ambassador to France Alexey Meshkov told
Sputnik.
"In essence, we are using proceeds from Western assets in Russia to develop the Russian economy and regions. Russia has accumulated large-scale foreign direct investment from Western companies and built production sites that serve the needs of domestic industry and the agricultural sector. We do not allow the withdrawal of Western capital investments abroad, including dividends received from them, which are accumulated on special accounts in Russia," Meshkov said.
