Foreign Minister Didier Reynders says Belgium will unblock Russian Embassy bank accounts that had been frozen over legal claims by shareholders of the former oil company Yukos.
A ministry spokesman quoted Reynders as saying on June 20 that "a solution has been found to unblock...accounts for the running of the embassies and the rest will follow."
The ministry said Russian Embassy accounts held at ING Bank and accounts belonging to Moscow's representative offices to the EU and NATO are among the first to be unfrozen.
Moscow threatened on June 19 to retaliate against Belgian-linked foreign firms operating in Russia after its official assets were frozen.
President Vladimir Putin added that "we will defend our interests."
Representatives of ex-Yukos shareholders said on June 19 that Russian assets were also blocked in France.
The former shareholders are trying to collect some of the $50 billion awarded to them last year as compensation by The Hague's Permanent Court of Arbitration for Moscow's dismantlement of Yukos more than a decade ago.
Putin said June 19 that "Russia does not recognize the jurisdiction" of The Hague court.
Related
RFE/RL has been declared an "undesirable organization" by the Russian government.
If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.
To find out more, click here.
Editors' Picks
Listen
Top Trending Russia
1