The move follows a PACE vote to strip Russia of assembly voting rights as a censure over events in Ukraine.
“It would be logical to divert the money from this idle talk — one billion rubles — to a good cause... This will show our positive mood to our PACE colleagues,” said Vladimir Petrov, Deputy Chairman of Federation Council Budget and Financial Markets Committee on Wednesday.Upper house Speaker Valentina Matviyenko, underscoring Russia's rebuttal of PACE's snub, stated:
Deputy Speaker Ilyas Umakhanov said lawmakers from the State Duma and Federation Council members would continue discussions on further participation in the assembly's work.
"We're discussing... suspension of our participation in PACE events until the year end, the size of our financial contribution and the payment procedure," Umakhanov said.
April 10, PACE resolved to strip Russia of voting rights and expel it from the organization's managing authorities until the end of 2014 for Crimea's accession into Russia.
Russia's delegation condemned the sanction as unfair and illegitimate, leaving the session discussing the move.