Romania Wants New Talks With Russia on Unreturned Gold
Romanian minister says Bucharest has not forgotten the issue of the treasure Romania sent to Moscow in World War I, now worth billions of dollars, which Russia never returned.
Romanian Foreign Minister Bogdan Aurescu said on Sunday on TV that Romania wants to resume negotiations on the treasure it sent to Moscow for safekeeping during World War I in 1916 and which was never returned.
The hoard of almost 94 tonnes of gold coins, jewels and art objects has been a source of friction for a decade.
“We are still interested in progress in the Joint Commission dealing with Romania’s treasury, which was deposited in Moscow during World War I. We have not abandoned this issue,” Aurescu said.
He added that another commission meeting was postponed due to the pandemic. “The context is such that it is difficult to organise such meetings, but it is a topic that we continue to follow closely,” Aurescu said.
Under pressure from the Central Powers, which had occupied most of Romania, on December 2, 1916, the National Bank decided to relocate Romania’s treasury to Moscow, to ensure its preservation.
Between December 12-14, 1916, some 1,738 boxes were loaded onto 17 railway wagons in unoccupied Iasi, in which the Romanian gold was stored in bars and various coins.
According to official documents, its total value was 314,580,456 lei at that time. The load is now worth about $5 billion. The train left with wagons carrying archive documents and other papers.
After the Russian Revolution in October 1917, the communist Bolsheviks took power and Russia never returned the treasure, except partly in 1935, when the then Soviet Union returned 1,443 boxes with broken seals, filled with old archives, documents and papers, rare books and religious objects, but no gold.
A Joint Intergovernmental Commission formed in 2004 by Romania and Russia is currently the only bilateral forum agreed by Bucharest and Moscow to discuss the topic.
Aurescu’s proposals were voiced as tensions continue between Russia and the West over Ukraine. “The EU and NATO do not pose a threat to the Russian Federation. On the contrary, these organisations want to cooperate with the Russian Federation, of course, insofar as Moscow also has this desire,” Aurescu said.
The hoard of almost 94 tonnes of gold coins, jewels and art objects has been a source of friction for a decade.
“We are still interested in progress in the Joint Commission dealing with Romania’s treasury, which was deposited in Moscow during World War I. We have not abandoned this issue,” Aurescu said.
He added that another commission meeting was postponed due to the pandemic. “The context is such that it is difficult to organise such meetings, but it is a topic that we continue to follow closely,” Aurescu said.
Under pressure from the Central Powers, which had occupied most of Romania, on December 2, 1916, the National Bank decided to relocate Romania’s treasury to Moscow, to ensure its preservation.
Between December 12-14, 1916, some 1,738 boxes were loaded onto 17 railway wagons in unoccupied Iasi, in which the Romanian gold was stored in bars and various coins.
According to official documents, its total value was 314,580,456 lei at that time. The load is now worth about $5 billion. The train left with wagons carrying archive documents and other papers.
After the Russian Revolution in October 1917, the communist Bolsheviks took power and Russia never returned the treasure, except partly in 1935, when the then Soviet Union returned 1,443 boxes with broken seals, filled with old archives, documents and papers, rare books and religious objects, but no gold.
A Joint Intergovernmental Commission formed in 2004 by Romania and Russia is currently the only bilateral forum agreed by Bucharest and Moscow to discuss the topic.
Aurescu’s proposals were voiced as tensions continue between Russia and the West over Ukraine. “The EU and NATO do not pose a threat to the Russian Federation. On the contrary, these organisations want to cooperate with the Russian Federation, of course, insofar as Moscow also has this desire,” Aurescu said.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
