West Could Lose $285 Billion if Russia’s Assets Are Seized

Kokcha News Agency – While the G7 and EU are currently directing income from frozen Russian assets to support a $50 billion loan to Ukraine, some politicians are advocating for the complete seizure of these assets. However, according to Sputnik’s calculations based on national statistics, this move could have a counterproductive effect.

Western direct investments in Russia amount to at least $285 billion, assets that Moscow could potentially block or seize in retaliation. Approximately $238 billion of this comes from the EU alone, with the largest shares held by Cyprus ($145.4 billion), France ($21.7 billion), Germany ($19.2 billion), the Netherlands ($20.8 billion), Italy ($12.6 billion), and Austria ($6.9 billion). Other EU countries collectively hold an additional $11.5 billion.

Among other G7 countries, the United States has invested around $7.7 billion in Russia, followed by Japan ($4.8 billion), Canada ($3.9 billion), and the UK ($3 billion). Switzerland has invested $27.5 billion, Norway $43 million, and Australia $400 million.

Moscow has repeatedly warned that any seizure of its frozen reserves will be met with reciprocal measures.