TOP LEGAL EVENTS OF THE LAST WEEK
The G7 foreign ministers' statement regarding the frozen assets of the Russian Federation is currently under discussion in Russia. One of the key propaganda theses is that the seized assets do not belong to oligarchs but to ordinary Russian citizens and that these assets have essentially been "stolen by the collective West." The attention is also focused on the fact that those who rejoice in the seizure of assets are enemies of the country. However, propagandists avoid discussing how and for what purpose the money of "ordinary citizens" ended up in the jurisdiction of "hostile" countries at a time when their own country unleashed an aggressive war against a neighbouring state. Legalizing the seizure of frozen Russian assets to finance the recovery of Ukraine has long been at the centre of discussions in the international community. Currently, countries are developing a final mechanism for using frozen assets to support Ukraine in the post-war recovery process.
The G7 countries will return frozen assets to Russia when Moscow compensates Ukraine. The foreign ministers of the G7 issued this statement after their meeting in Tokyo. In total, since the start of Russia's full-scale invasion of Ukraine, Western sanctions have frozen $300 billion belonging to the Central Bank of Russia.
The European Commission has revealed details of the 12th package of sanctions against Russia. These restrictive measures are aimed at tightening the cap on oil prices and combating the circumvention of already imposed sanctions.
Russian prosecutors in China will enhance their control over society. Shortly, 15 Russian prosecutors will arrive in China to improve their qualifications at the State Academy of Prosecutors of the People's Republic of China.
The participation of foreigners in government procurement is proposed to be restricted. Currently, the "third wheel" ban is in effect. According to this rule, a foreign company cannot participate in auctions without two Russian suppliers.