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According to a Reuters report on March 12, the Russian Ministry of Foreign Affairs summoned the Swiss ambassador to Russia on the 12th because the Swiss Parliament approved a motion authorizing the Swiss government to try to confiscate and transfer Russian assets and provide funds for compensation to Ukraine.

Reports said that Russia summoned Swiss Ambassador Krestina Matilan to protest against the adoption of the above motion by the Swiss Parliament. The motion authorizes the Swiss government to establish a compensation mechanism based on international law for countries that have suffered so-called illegal attacks.

The Russian Ministry of Foreign Affairs said: Russia strongly condemns this practice by the Swiss authorities, which seriously violates the basic principles and norms of international law on state immunity.

Any infringement of Russian state-owned property under the guise of a far-fetched compensation mechanism is nothing more than theft at the national level.

The Russian Foreign Ministry said Russia would retaliate if the Swiss plan was implemented. The Swiss Ministry of Foreign Affairs did not immediately respond to a request for comment.

Switzerland said last year it had frozen about 7.7 billion Swiss francs (US$88.1 billion) in financial assets belonging to Russians under sanctions designed to punish Russia for attacking Ukraine. (Compiled by Lu Di)