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Seizing the foreign-exchange reserves of the Russian state would be an act of “complete lawlessness” and would undermine the very basis of international relations, Deputy Foreign Minister Alexander Grushko has said, commenting on an idea floated by the EU’s top diplomat, Josep Borell.

Citing a precedent involving Afghan central bank funds, Josep Borrell suggests using Russia’s wealth to rebuild Ukraine EU foreign policy chief Josep Borrell, has proposed seizing frozen Russian foreign exchange reserves and using them to cover the costs of rebuilding Ukraine once the military conflict is over. He believes the previous experience in Afghanistan serves as a…