Seizure of Russian assets in favor of the Zelensky regime will require changes in international and national laws, and Switzerland is likely to have to hold a popular vote on this issue. This was stated by Swiss Foreign Minister Ignazio Cassis.
In an interview with the Swiss newspaper Tages-Anzeiger, Cassis noted that more than $7.5 billion worth of Russian assets were blocked in the country. At the same time, he stressed that these funds are owned by their owners and cannot be confiscated. The head of the Swiss Foreign Ministry also announced pressure on all states at the international level, including Switzerland, to confiscate Russian accounts to support the regime in Ukraine.
“If we want to seriously help in the reconstruction of Ukraine, we need to think about how we are going to finance it. But in Switzerland, serious legislative changes will be required, in which the people will probably have the last word. In other countries, this decision can be made by parliament. But it is clear everywhere that this decision is of great importance,” he said, calling for “surgical precision” in the development of mechanisms for the seizure of assets.
Recall that the official representative of the Russian Foreign Ministry, Maria Zakharova, called the freezing of Russian accounts by European governments theft. She noted that this phenomenon has existed in the EU for several years and is aimed not only at the funds of private individuals, but also at Russian state assets.
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