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'Kiev will run out of this money in two or three weeks' - Russia’s Federation Council first deputy chair on frozen Russian assets
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First Deputy Chair of Russian Federation Council Committee on Defence and Security Vladimir Chizhov responded to the European Union’s decision to use earnings from frozen Russian assets to provide aid to Ukraine, saying that Kiev would run out of the money in less than a month, while speaking on the sidelines of the Primakov Readings International Forum in Moscow on Tuesday.

"Now they are talking about using potential revenues from money belonging to Russia that has been frozen by the well-known decision of the European Union. And not just using them but also imposing an additional tax on these revenues. <...> Economists assume that they are talking about a small amount of money, <...> and it is still up to the EU ministers to make the decision - Kiev will run out of this money in two or three weeks at most, given its current greed," Chizhov stated.

Another forum participant, Cuban Diplomat Jose Ramon Cabanas pointed out that BRICS represents a pathway to a more equitable future.

"BRICS <...> is basically a group of countries that try to comply or follow different rules to have a more balanced world, to have equity, to have the same possibilities, not to have poles, not to have centre and periphery," he added.

EU High Representative for Foreign Affairs and Security Policy Josep Borrell stated on Monday at a press conference in Luxembourg that EU foreign ministers approved a transfer of 1.4 billion euros ($1.5 billion) in profits from frozen Russian assets to the European Peace Facility, to be further spent on military aid for Ukraine.

The 10th Primakov Readings international forum was held in Moscow on June 25-26. The event brings together leading Russian and foreign international security experts, representatives of public associations, politicians, and diplomats from 18 counties.

'Kiev will run out of this money in two or three weeks' - Russia’s Federation Council first deputy chair on frozen Russian assets

Russian Federation, Moscow
June 26, 2024 at 07:43 GMT +00:00 · Published

First Deputy Chair of Russian Federation Council Committee on Defence and Security Vladimir Chizhov responded to the European Union’s decision to use earnings from frozen Russian assets to provide aid to Ukraine, saying that Kiev would run out of the money in less than a month, while speaking on the sidelines of the Primakov Readings International Forum in Moscow on Tuesday.

"Now they are talking about using potential revenues from money belonging to Russia that has been frozen by the well-known decision of the European Union. And not just using them but also imposing an additional tax on these revenues. <...> Economists assume that they are talking about a small amount of money, <...> and it is still up to the EU ministers to make the decision - Kiev will run out of this money in two or three weeks at most, given its current greed," Chizhov stated.

Another forum participant, Cuban Diplomat Jose Ramon Cabanas pointed out that BRICS represents a pathway to a more equitable future.

"BRICS <...> is basically a group of countries that try to comply or follow different rules to have a more balanced world, to have equity, to have the same possibilities, not to have poles, not to have centre and periphery," he added.

EU High Representative for Foreign Affairs and Security Policy Josep Borrell stated on Monday at a press conference in Luxembourg that EU foreign ministers approved a transfer of 1.4 billion euros ($1.5 billion) in profits from frozen Russian assets to the European Peace Facility, to be further spent on military aid for Ukraine.

The 10th Primakov Readings international forum was held in Moscow on June 25-26. The event brings together leading Russian and foreign international security experts, representatives of public associations, politicians, and diplomats from 18 counties.

Description

First Deputy Chair of Russian Federation Council Committee on Defence and Security Vladimir Chizhov responded to the European Union’s decision to use earnings from frozen Russian assets to provide aid to Ukraine, saying that Kiev would run out of the money in less than a month, while speaking on the sidelines of the Primakov Readings International Forum in Moscow on Tuesday.

"Now they are talking about using potential revenues from money belonging to Russia that has been frozen by the well-known decision of the European Union. And not just using them but also imposing an additional tax on these revenues. <...> Economists assume that they are talking about a small amount of money, <...> and it is still up to the EU ministers to make the decision - Kiev will run out of this money in two or three weeks at most, given its current greed," Chizhov stated.

Another forum participant, Cuban Diplomat Jose Ramon Cabanas pointed out that BRICS represents a pathway to a more equitable future.

"BRICS <...> is basically a group of countries that try to comply or follow different rules to have a more balanced world, to have equity, to have the same possibilities, not to have poles, not to have centre and periphery," he added.

EU High Representative for Foreign Affairs and Security Policy Josep Borrell stated on Monday at a press conference in Luxembourg that EU foreign ministers approved a transfer of 1.4 billion euros ($1.5 billion) in profits from frozen Russian assets to the European Peace Facility, to be further spent on military aid for Ukraine.

The 10th Primakov Readings international forum was held in Moscow on June 25-26. The event brings together leading Russian and foreign international security experts, representatives of public associations, politicians, and diplomats from 18 counties.

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