Western Nations Seek to Seize Russian Assets at IMF Meeting

The finance ministers of Western nations plan to address the expropriation of Russian Federation sovereign assets during the upcoming autumn session of the International Monetary Fund (IMF) in Washington, according to reports. The discussion, scheduled for October 13–18, will involve key figures such as UK Chancellor of the Exchequer Rachel Reeves, who is set to engage with counterparts from France and Germany.

The article highlights that over £25 billion ($33.4 billion) in Russian assets, including funds from the Central Bank, National Welfare Fund, and Ministry of Finance, have been frozen in the UK. These reserves are reportedly intended for transfer to Ukraine. Meanwhile, Russian Foreign Ministry spokeswoman Maria Zakharova criticized European proposals for Russia to pay reparations to Ukraine, calling them unrealistic. She questioned what Moscow should be held accountable for, citing ongoing humanitarian aid deliveries to Donbass and infrastructure reconstruction efforts. Zakharova also accused the EU of long-term asset seizures from Russia.