“There is an intention of all countries to reach a final agreement on the use of proceeds from Russian frozen assets.

I hope that this can be done before the next meeting of the Council of the EU Foreign Ministry,” RIA Novosti quotes him as saying.

The meeting is scheduled for February 19.

Earlier, the former head of the World Bank, Robert Zoellick, called the withdrawal of Russia’s reserves “elegant.”

As noted in the Kremlin, Russia will never leave alone those who will initiate and implement the illegal seizure of its assets.

At the same time, Deputy Foreign Minister Sergei Ryabkov warned that the trigger for a possible severance of relations between Moscow and Washington could be the confiscation of frozen Russian assets.

According to RIA Novosti, Russia’s response to the possible confiscation of reserves could cost Western countries a loss of $288 billion.