Norway recommends selling its $3 billion in Russian assets, but Russia's approval is needed.

Norway's central bank recommends divesting the country's sovereign wealth fund from Russian assets, ending a freeze in place since 2022. However, any divestment of assets within Russia would need approval from the Russian government, according to Russia's central bank deputy governor. The fund, valued at $1.8 trillion, holds around $3 billion in Russian assets, including stakes in companies like Gazprom and Sberbank.

4 months ago
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