The Office of the President of the Russian Federation was given a subsidy for the search, registration of rights and legal protection of real estate belonging to the Russian Empire and the USSR.
Russian dictator Vladimir Putin has ordered the allocation of money for the search, registration and legal protection of foreign real estate belonging to Russia, including the era of the USSR and the Russian Empire, reports RosSMI.
It was noted that the subsidy for these purposes will be sent to the Enterprise for Property Management Abroad, which is part of the Administration of the President of Russia (UDP). The allocated funds are intended to cover the costs associated with “the search for real estate of the Russian Federation, the former Russian Empire, the former USSR, the proper registration of rights and legal protection of this property. “
In 2021, the rules for subsidizing the search for foreign real estate were adjusted, and this process ceased to be the basis for the allocation of funds. The new order restores the subsidy mechanism, which mandates a specific authorized enterprise to seek and provide legal protection for Russian assets abroad.
It is possible that the new property of the Russian Federation, if found, will also be frozen, like other properties of the Russian Federation. As you know, work is currently underway in the United States and Europe to find ways to transfer frozen Russian assets to Ukraine.
Earlier, the media reported that the United States had begun urgent negotiations on Russian assets. In particular, the Joe Biden administration is pressing Britain, France, Germany, Italy, Canada and Japan to prepare a strategy for using frozen money on the second anniversary of Russia’s invasion of Ukraine.
For the first time in the world. The Russian Federation began to take away real estate
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.