Moscow Warns of End to Russia-US Ties if Assets Seized

A general view on the headquarters of the Russian Foreign Ministry in Moscow, Russia April 29, 2022. REUTERS/Maxim Shemetov
A general view on the headquarters of the Russian Foreign Ministry in Moscow, Russia April 29, 2022. REUTERS/Maxim Shemetov
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Moscow Warns of End to Russia-US Ties if Assets Seized

A general view on the headquarters of the Russian Foreign Ministry in Moscow, Russia April 29, 2022. REUTERS/Maxim Shemetov
A general view on the headquarters of the Russian Foreign Ministry in Moscow, Russia April 29, 2022. REUTERS/Maxim Shemetov

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 North American Department at the Russian foreign ministry as saying on Saturday.

Russia's relations with the West have deteriorated sharply since Moscow sent tens of thousands of troops into Ukraine on Feb. 24, calling it a "special military operation".

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 $640 billion before Feb. 24.

Top Western officials, including European Union foreign policy chief Josep Borrell, have suggested seizing the frozen reserves to help fund the future reconstruction of Ukraine.

"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 told TASS in an interview.

According to Reuters, it was not immediately clear which assets he was referring to.

The United States and its European allies have also frozen $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.

The US Department of Justice was seeking broader authority from Congress to seize Russian oligarchs' assets as a means to pressure Moscow over its actions in Ukraine, a prosecutor said in July.

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.

Speaking about the situation in Ukraine, Darchiev said that the US influence on Kyiv had increased to the degree that "Americans are increasingly becoming more and more a direct party in the conflict".



Iran to Hold Nuclear Talks with Three European Powers in Geneva on Friday

Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP
Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP
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Iran to Hold Nuclear Talks with Three European Powers in Geneva on Friday

Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP
Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP

Iran plans to hold talks about its disputed nuclear program with three European powers on Nov. 29 in Geneva, Japan's Kyodo news agency reported on Sunday, days after the UN atomic watchdog passed a resolution against Tehran.
Iran reacted to the resolution, which was proposed by Britain, France, Germany and the United States, with what government officials called various measures such as activating numerous new and advanced centrifuges, machines that enrich uranium.
Kyodo said Iranian President Masoud Pezeshkian's government was seeking a solution to the nuclear impasse ahead of the inauguration in January of US President-elect Donald Trump, Reuters reported.
A senior Iranian official confirmed that the meeting would go ahead next Friday, adding that "Tehran has always believed that the nuclear issue should be resolved through diplomacy. Iran has never left the talks".
In 2018, the then-Trump administration exited Iran's 2015 nuclear pact with six major powers and reimposed harsh sanctions on Iran, prompting Tehran to violate the pact's nuclear limits, with moves such as rebuilding stockpiles of enriched uranium, refining it to higher fissile purity and installing advanced centrifuges to speed up output.
Indirect talks between President Joe Biden's administration and Tehran to try to revive the pact have failed, but Trump said in his election campaign in September that "We have to make a deal, because the consequences are impossible. We have to make a deal".