Asset Exchange: Russia wants to return frozen 100 billion rubles - Roszmi

According to the head of the Ministry of Finance of the Russian Federation Anton Siluanova, to date, more than 3. 5 million citizens of the Russian Federation for a total amount of about 1. 5 trillion rubles have been blocked in other countries. Russia wants to exchange frozen assets to return 100 billion rubles. About it writes the edition "RBC". According to journalists, the Government and the Central Bank of the Russian Federation are going to launch the procedure for exchange of blocked assets.

This was stated during a meeting with the participation of Kremlin head Vladimir Putin Minister of Finance of Russia Anton Siluanov. As part of the procedure, Russia will thaw some of foreign assets. This should help the Russian government return 100 billion rubles initially. According to Siluanov, more than 3. 5 million citizens of the Russian Federation for a total amount of about 1. 5 trillion rubles have been blocked in other countries.

"We provide for the start of the exchange of assets of our citizens for the assets of foreign investors who are accumulating today in the accounts of the type" C "," he said. It is reported that the Cabinet of Minister and the Central Bank of Russia have prepared a corresponding project of the decree. Siluanov did not specify whether he agreed to such an exchange in the West. It is also unknown how it is intended to adjust the work of the mechanism.

Journalists noted that the accounts of "C" are opened in the Russian Federation for foreign investors - they can only be credited with rubles. It should be reminded that on August 11 it was reported that the United States imposed new sanctions against Russian billionaires. The Russian Union of Industrialists and Entrepreneurs, which promotes import substitution in the Russian Federation and is in charge of the technological sector of the economy, also found itself on the list of sanctions.