Russia may downgrade diplomatic ties with US if assets seized

2024-04-25 15:00:49 GMT2024-04-25 23:00:49(Beijing Time) Sina English

Reuters

Russian President Vladimir Putin speaks at the Congress of the Russian Union of Industrialists and Entrepreneurs in Moscow, Russia April 25.

Russia is considering the option of lowering the level of diplomatic relations with the United States if Washington takes practical measures to confiscate its assets, RIA Novosti reported on Thursday, citing Russian Deputy Foreign Minister Sergei Ryabkov.

The US Senate on Tuesday voted to pass a foreign aid package that includes long-stalled aid for Israel and Ukraine. The bill, which US President Joe Biden signed into law on Wednesday, also includes measures to confiscate frozen Russian assets for funding Ukraine.

"We are now exploring the optimal form of reaction," Ryabkov said, adding that Moscow is considering both economic and diplomatic responses.

"Among the countermeasures, there may also be actions against the assets of our Western opponents," he said.

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