आश्विन १६, २०८२ / 2025-10-01
Kathmandu — The U.S. and EU have targeted $300 billion in frozen Russian assets, citing support for Ukraine, while Moscow calls it “state robbery.”
The freeze, starting February 28, 2022, blocked Russian transactions in foreign exchange and gold reserves, mostly held in Europe.
Washington is pushing for full or partial confiscation under the 2024 Peace through Strength in the 21st Century Act, while the EU redirects profits from frozen assets to aid Ukraine, allocating billions to military and reconstruction support.
The G7 also backed a $50 billion loan to Ukraine, tied to anticipated profits from Russian reserves.
The measures raise legal and economic concerns, including erosion of sovereign immunity and investor confidence.
Moscow has responded with countermeasures against Western assets. Analysts warn this standoff may reshape global finance, shifting power toward non-Western financial hubs and redefining the use of state assets as geopolitical tools.
