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Joint Statement Threatens Retaliation To Asset Seizure

CHINA-RUSSIA
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Russian state-run Interfax reporting comments from the joint statement from the Chinese and Russian gov'ts following meetings between Russian President Vladimir Putin and China's President Xi Jinping and Premier Li Qiang. Regarding economic relations and Western sanctions on Russia, the two sides said that they, "...will resist attempts to impede the development of relations between them...The parties are determined to defend their legitimate rights and interests, to counteract any attempts to interfere with the normal development of bilateral relations".

  • The joint statement says the two countries, “consistently regard each other as priority partners...”.
  • Statement: "Russia and China condemn initiatives to seize assets and property of foreign states and note the right to take retaliatory measures."
  • The US and EU have both recently made moves towards using windfall profits made from frozen Russian assets to pay for Ukraine's defence. EU permanent representativesapproved planslast week to use EUR2.5-3bn/annum in windfall profits to pay for arms for Kyiv, while in his 15 May visit to the Ukrainian capital US Secretary of State Antony Blinken said that the US will "make Russia pay for Ukraine's recovery and reconstruction",
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Russian state-run Interfax reporting comments from the joint statement from the Chinese and Russian gov'ts following meetings between Russian President Vladimir Putin and China's President Xi Jinping and Premier Li Qiang. Regarding economic relations and Western sanctions on Russia, the two sides said that they, "...will resist attempts to impede the development of relations between them...The parties are determined to defend their legitimate rights and interests, to counteract any attempts to interfere with the normal development of bilateral relations".

  • The joint statement says the two countries, “consistently regard each other as priority partners...”.
  • Statement: "Russia and China condemn initiatives to seize assets and property of foreign states and note the right to take retaliatory measures."
  • The US and EU have both recently made moves towards using windfall profits made from frozen Russian assets to pay for Ukraine's defence. EU permanent representativesapproved planslast week to use EUR2.5-3bn/annum in windfall profits to pay for arms for Kyiv, while in his 15 May visit to the Ukrainian capital US Secretary of State Antony Blinken said that the US will "make Russia pay for Ukraine's recovery and reconstruction",