Moscow warns of end to Russia-US relations if assets seized

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Moscow warns of end to Russia-US relations if assets seized
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MOSCOW, Aug 13 — Any possible seizure of Russian assets by the United States will completely destroy Moscow’s bilateral relations with Washington, TASS quoted the head of the...

MOSCOW, Aug 13 — Any possible seizure of Russian assets by the United States will completely destroy Moscow’s bilateral relations with Washington,quoted the head of the North American Department at the Russian foreign ministry as saying on Saturday.

The West responded with unprecedented economic, financial and diplomatic sanctions, including freezing around half of Russia’s gold and foreign exchange reserves that stood near US$640 billion before February 24. “We warn the Americans of the detrimental consequences of such actions that will permanently damage bilateral relations, which is neither in their nor in our interests,” Alexander Darchiev toldThe United States and its European allies have also frozen US$30 billion of assets held by wealthy individuals with ties to Russian President Vladimir Putin, including yachts, helicopters, real estate and art, according to the Biden administration.

Darchiev also said that Russia warned the United States that diplomatic ties would be badly damaged and could even be broken if Russia is declared a state sponsor of terrorism.

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