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Espreso Global Russia-Ukraine war US, allies explore options for transferring frozen Russian assets to Ukraine - Blinken

US, allies explore options for transferring frozen Russian assets to Ukraine - Blinken

5 October, 2023 Thursday

11:03

Russia-Ukraine war

The United States and its allies are evaluating options for the use and transfer to Ukraine of USD 300 billion in frozen Russian assets, most of which are located in Europe

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US Secretary of State Antony Blinken said this, RBC-Ukraine reports.

"Now we are actively studying what legal powers both we and the Europeans may have to use the Russian frozen assets to transfer them to Ukraine, to help (Ukraine - ed.)," Blinken said.

He also emphasized that, in his opinion, the Russians should pay for the restoration of Ukraine, and the use of frozen assets could be one of the very real and discussed ways to do so.

On September 4, CBS reported that the United States intends to transfer USD 1 billion of sanctioned Russian assets to Ukraine.
In June, EU leaders supported the idea of using frozen Russian assets for the benefit of Ukraine.

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