What countermeasures will Russia take when huge overseas assets are frozen?

Antony Siluanov, Russian Finance Minister, announced their foreign exchange losses in this round of "big sanctions" in the West: in the "unfair property disposal scheme" adopted by various countries against Russia, Russia's gold and foreign exchange reserves of about 300 billion US dollars (about RMB 654.38+090 167 billion) were frozen, which is close to the total international reserves. The self-styled Switzerland has also imposed sanctions on Russia, and France, Russia's "partner" in Europe, has also announced the same freezing measures against Russia, and the scope of sanctions is wider.

According to the news, at the beginning of the month, Russian President Vladimir Putin pulled out a "blacklist of 48 countries (regions)" and marked it as "unfriendly countries and regions". Since then, the Russian government has taken countermeasures against the countries on these lists one after another, and it is still increasing. Including canceling the protection of its patents in Russia, announcing that foreign companies in listed countries are not allowed to withdraw from the market under normal operation, otherwise their assets will be nationalized, forcing these countries to repay their foreign debts with rubles, forcing these countries to trade in rubles when purchasing Russian energy, etc. However, most of Russia's countermeasures do not involve the field of "specific property".

In addition, the Russian government also announced that foreign investors are prohibited from selling securities and withdrawing funds from the Russian financial system. Only with the permission of an ad hoc government committee can they exchange bonds with the government, which means that most of their bonds have been frozen, and only some "pro-Russian people" are eligible to exchange bonds. This counter-measure of Russia is very fatal. The government blocked the channel of "foreign exchange going abroad" after the sanctions, but did not introduce strict measures. This time, the Putin government's reciprocal countermeasures are very similar to "semi-freezing" foreign assets, which is also a counterattack.

In addition, it is worth mentioning that, compared with the US$ 300 billion sanctioned by Russia, the possibility of anti-freezing funds in Russia may not be so much, but this operation will make many foreign companies "very uncomfortable". Some foreign netizens don't understand this "operation": doesn't Russia expect these people to do business in Russia in the future? If many foreign companies are affected by these policies after the sanctions are lifted in the future, they will not set foot in Russia again. Medvedev has long responded to this. In his speech, he said that foreign companies that left Russia did not expect them to return to Russia in the future.