Russian President Vladimir Putin signed a Decree on the procedure for compensating Russia and the country’s Central Bank for damages caused by the US measures.
Thus, the president ordered the establishment of a special procedure to compensate for the damage caused to Moscow by Washington’s “hostile actions,” reads the text cited by Russia Today, and adds that these sanctions were taken by the White House under the argument of the invasion of Ukraine.
The rule allows making use of the movable and immovable property of US authorities, companies and citizens located in the territory of Russia, as well as the value of their properties, shares in Russian companies and other property rights in the Eurasian country .
Now the Government Commission for the Control of Foreign Investments will be able to provide Russian Justice with a list of US properties that, “taking into account the principle of proportionality”, can be used to “compensate for the damage caused” by Washington’s coercive measures.
The Presidential Decree “provides for the termination of the property rights of the US, or of a US person” and their subsequent transfer to the authorities of the Russian Federation, RT reported.
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