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Czechia freezes all Russian state assets

Czechia freezes all Russian state assets

Prague has frozen Russian state assets in Czechia, Minister of Foreign Affairs Jan Lipavský has announced. 

“According to my proposal, today the government approved the freezing of Russian state assets in the Czech Republic. This is the end of commercial activities used by Russia to finance the killing of Ukrainians,” Lipavský wrote on X.

His counterpart, Dmytro Kuleba, the Ukrainian minister of foreign affairs, has praised this step, urging other countries to join Czechia in its efforts to freeze Russian assets and transfer them to Ukraine.

“Czechia has just frozen all Russian state assets. I applaud this principled step and thank my counterpart and friend @JanLipavsky. All countries that haven’t yet done so should follow suit. Russian money should be used for Ukraine’s recovery instead of murder and destruction,” Kuleba stated. 

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