only now? With how many russian assets european countries seized around 2022/2023, I assumed Russia would’ve done the same years ago. Was the USA more friendly with Russia than the EU was? Wouldn’t even be surprised if that were the case, seeing as how the EU likes to just shoot itself in the foot in order to lick USA’s boot while the latter just keeps doing business with its literal enemies in war

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pay back

1. (transitive) To pay (a debt or the lender) so as to provide the entire amount of money owed.
2. (figuratively) To avenge, to exact revenge.

Here I am using the 2nd meaning.

It was signed in 2024.

Well, yes. Countries had an agreement, and some of them broke it unilaterally. How Russia is to pay back for that is the open question.