The Czech Republic plans to freeze all state assets of the Russian Federation on its territory. On Wednesday, the country's government supported the corresponding proposal of the Minister of Foreign Affairs, Jan Lipavskyi.
The Czech Republic is to freeze all Russian state assets
He did not specify the amount of these assets and the terms of implementation of the decision.
At the same time, at a press conference quoted by the Novinky portal, Lipavsky announced the inclusion of the Russian federal enterprise for managing assets abroad, the management of the affairs of the President of the Russian Federation “Goszagransobstvennost” (GZS) [State Abroad Property in English], on the Czech sanctions list.
The head of the Foreign Ministry of the Czech Republic indicated that real estate objects related to GZS are located mainly in Prague and Karlovy Vary. The company's financial accounts will be blocked, and its property in the land registry will be frozen so that it cannot sell the property.