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Foreign Ministry statement on the US administration’s decision to issue a loan to the Kiev regime backed by proceeds from frozen Russian assets

The decision announced by the US Department of the Treasury on December 10 to issue a $20 billion loan to the bankrupt Kiev regime, to be repaid with proceeds earned from “immobilised” Russian sovereign assets, which have in fact been stolen by the G7 countries, is nothing less than common robbery.

The criminal legislation of any country that claims to be civilised defines robbery as the unlawful seizure of personal property by an organised group of persons by prior agreement. In plain English, the G7 has stolen Russian money as part of preparations to take over all Russian sovereign assets stored in the West.

This will not save the Nazi Bandera regime or help any G7 country, for example, Canada, patch holes in their budgets. At the same time, it has dealt a formidable blow at the US-controlled global financial system, which is based on the dollar as a global reserve currency and an international settlement instrument.

The fiercely Russophobic Biden administration is trying to impose as many anti-Russia sanctions as possible before it transfers power to Donald Trump on January 20, 2025, completely disregarding the growing state debt, the huge financial bubbles, and the falling standards of living, which was the main reason behind the Democrats’ defeat at the November elections. Washington is clearly unable to stop Russia’s development or inflict a “strategic defeat” on Moscow with the help of its Kiev puppets. This is evident from the pace of the special military operation. Such schemes are doomed to failure.

No pseudo-legal tricks garnished with hypocrisy and double standards will remain unanswered. Russia has the possibilities and instruments to reciprocate, confiscating Western assets within its jurisdiction and using them to build up its industrial potential and implement infrastructure projects in Russian regions.

The theft of Russian assets will backfire at the United States and its satellites by further destabilising the departing “rules-based world order.”

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