Economic Statecraft
Confiscation of Russian Assets: Limits of Aggravation. An Expert Discussion
Valdai Discussion Club Conference Hall, Tsvetnoy Boulevard 16/1, Moscow, Russia
List of speakers

On September 14, the Valdai Club hosted a discussion dedicated to the fate of the property of Russians abroad, titled “Confiscation of Russian Assets: Limits of Aggravation.” The participants also discussed Russia’s possible response in modern conditions.

According to the Ministry of Finance, since the start of the special military operation in February 2022, assets of more than 3.5 million Russians worth 1.5 trillion rubles have been frozen.

What are the features of existing and developing mechanisms for the confiscation of Russian property? What does the experience of Canada and the USA say? What problems does the confiscation of Russian property in the EU lead to? What determines Switzerland’s restrained attitude towards the issue of confiscation? What might Russia’s response be? What are the prospects for the escalation of the conflict between Russia and the West due to the confiscation of Russian property? Participants in the discussion tried to answer these and other questions.