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397: Confiscation of Russian frozen assets deviates from market norms
CGTN
03:01

Recently, EU foreign policy chief Josep Borrell suggested that the bloc should freeze and confiscate Russian assets to spend on Ukraine. The U.S. has also tried to legalize the confiscation through legislation. Russian Foreign Minister Sergei Lavrov condemned these moves as tantamount to "stealing”, which, he believed, has become a norm in the West. In this episode of BizBeat, CGTN's Lily Lyu explains how such actions have violated the rules behind international trade and will in return shake up investors’ confidence.

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