View of MoscowMOSCOW, Mar 22Russia should raise the issue of new standards of international law, since the current system has degraded, Yaroslav Bogdanov, chairman of the Fund for the Protection of Investor Rights in Foreign States, told RIA Novosti. , talk about the need to develop new standards — including with the help of Russian institutions of law and international law that keep up with the modern world,» Bogdanov said, answering a question about Russia's possible actions in response to the freezing of its assets by Western countries. Western countries have introduced new anti-Russian sanctions after Russia launched a special operation in Ukraine. In particular, the gold and foreign exchange reserves of the Russian Federation were frozen, according to the Russian Ministry of Finance — about $ 300 billion, as well as foreign assets of large businesses, accounts and real estate of private individuals. The expert believes that Russia in such a situation should «not go on the defensive, but, on the contrary, use the situation to improve global regulatory mechanisms, showing the whole world what is happening now, and outlining ways to solve and get out of global legal surrealism. the opportunity for the court to take interim measures by prohibiting certain actions with property, but such decisions are now made without any trial. By such actions, according to Stepashin, the Western authorities violated the principle of inviolability of private property, on which all European economic stability was based for many centuries.
China criticizes US for harm from anti-Russian sanctions
