Russia: Plan to let investors from unfriendly countries sell their Russian assets at half price

On December 30, local time, the Russian Ministry of Finance stated that if foreign investors from unfriendly countries sell their shares in Russian assets, they may have to sell them at half price or even lower. The so-called unfriendly countries refer to countries that impose sanctions on Russia, including EU member states, the United States, Japan, Canada, the United Kingdom, and Australia. It was unclear how the Russian government would choose to implement the measures and whether they would apply to each transaction. | Related reading (Financial Association)

Xue Yue

This Russian approach, to put it bluntly, is robbery. If this measure is really implemented, I am afraid that no foreign investors will dare to invest in Russia in the future. Saying that the “50% off” price was not directly confiscated is the last bit of face left for Russia.

War is an intergovernmental matter and a decision made by certain extreme leadership groups. Even the business circles in the United States and Europe are not necessarily all supporters of war and should not be victims of war. Of course, there are also shady things that the United States and Europe do, such as providing weapons and funds to Ukraine, freezing or even confiscating the assets of rich Russians, etc.

Under the cover of the nest, how can there be any eggs. I don’t know how long this war that started at the beginning of the year will last, but there will definitely be no dawn of peace in early 2023.

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