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Kremlin not considering nationalization of foreign companies’ property in Russia

Earlier, Dmitry Medvedev did not rule out the nationalization of the property of people registered in the US, the EU, and other unfriendly jurisdictions amid new sanctions against Moscow

MOSCOW, March 3. /TASS/. The Kremlin is not considering nationalization of the property of foreign companies in Russia, Presidential Spokesman Dmitry Peskov told reporters on Thursday.

"I am not aware of this, and the Kremlin is not considering it," he said when asked a respective question.

"All issues related to sanctions, to minimization of the damage of those sanctions are considered and decisions are taken by the government’s crisis center headed by [Russian Prime Minister Mikhail] Mishustin," he said.

Earlier, Deputy Chairman of the Russian Security Council Dmitry Medvedev did not rule out the nationalization of the property of people registered in the US, the EU, and other unfriendly jurisdictions amid new sanctions against Moscow.

Russian President Vladimir Putin said on February 24 that in response to a request by the heads of the Donbass republics he had made a decision to carry out a special military operation in Ukraine, stressing that Moscow had no plans of occupying Ukrainian territories. Western countries responded to the actions of the Russian authorities by slapping sanctions against physical and legal entities.