Czechs reject objection to inclusion of Russian firm on sanctions lists

The government last month rejected an objection to the inclusion of a Russian asset management company on Czechia’s national sanctions list, Czech Television reported, citing a spokesperson for the Czech Ministry of Foreign Affairs.

The firm operates and manages a number of properties in Czechia that are owned by the Russian Federation, mostly in Prague or Karlovy Vary.

The Czech government included the company on its sanctions list in mid-November and decided to freeze its assets, a move Moscow described as unlawful.

Author: Ian Willoughby