“Arbitrary freezing of foreign exchange reserves also leads to a violation of the sovereignty of states,” TASS quoted him as saying at a meeting of the UN Security Council.

According to Jun, this practice undermines the foundations of world economic stability and provokes risks for international relations.

“It is necessary to abandon this practice as soon as possible,” he concluded.

Jun has previously said that sweeping sanctions could undermine global trade and the economy.

The press service of the Chinese Foreign Ministry previously reported that China and India are seriously concerned about the impact of unilateral sanctions on the global economy and supply chain security.