If the West takes such a step, Russia will use all mechanisms and means to respond to the confiscation of its assets.

Axar.az reports that this was said by Alexander Pankin, Deputy Minister of Foreign Affairs of Russia.

"We use all mechanisms and means. We will act carefully, but if there are no restrictions and rules in the game, then we will be ready to take countermeasures," Pankin said.

He said that the West also has enough frozen assets in Russia.

"Don't forget that companies in Russia have enough frozen assets, and if the Europeans and the US move in this direction, there will be consequences."

According to him, economic relations will be damaged.