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Reuters
Reuters
Business

Russia warns West: Don't take your assets in our country for granted

FILE PHOTO: Russian Foreign Ministry spokeswoman Maria Zakharova speaks during the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Anton Vaganov

Russia hinted on Wednesday that it had not dropped the idea of seizing Western-owned assets and businesses in the country, as a top official sharply criticised governments that have hit Moscow with sanctions.

In a combative media briefing, Foreign Ministry spokesperson Maria Zakharova warned that Russia was prepared to "act accordingly" if the West decided to use Russia's frozen state assets - chief among them being around $300 billion of central bank foreign currency reserves.

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