The president, who spoke this Friday in a meeting with the leadership of the Ministry of Foreign Affairs, added that this distrust also exists with some European banks that were recently considered an absolutely reliable place to store capital, Prensa Latina reported.
In his view, the West has not only undermined the world’s military and political stability, but has also discredited basic market institutions.
With sanctions, trade wars, he has discredited and weakened key market institutions, using the International Monetary Fund and the World Bank, twisting the climate agenda and slowing down the development of the Global South, stated the head of state.
Putin, in his speech at the Foreign Ministry, also reiterated that all attempts by Western countries to confiscate Russian assets will be theft and will not go unpunished.
“Western countries have already frozen Russian assets and foreign exchange reserves. Now they are thinking about how to provide at least some legal basis to finally appropriate them,” the president recalled.
Despite all the tricks, the robbery will undoubtedly remain a robbery and, on the other hand, these actions will not go unpunished, said the head of state.
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