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Russian President Vladimir Putin condemned the West’s attempted robbery at the Eurasian economic forum on June 26.

The Western countries keep saying they will take Russia’s financial assets frozen in their banks, he asserted, disclosing that the West is not simply trying to snatch the assets but trying to seize them.

Russia intends to reduce its dependence on Western financial institutions and minimize the use of foreign means of payment, he stressed.

Noting that at present the total amount of mutual trade in the Eurasian Economic Union has doubled and 93 percent of settlement of accounts is being made by the national currencies of its member states, he said that efforts would continue to be made to enhance the authority and influence of the union in the future.