Frozen Russian assets must fund weapons for Ukraine — Ukrainian FM
global.espreso.tv
Sat, 28 Jun 2025 15:37:00 +0300

Andrii Sybiha made this statement at the Fair Play conference on additional sanctions against Russia, as quoted by Interfax-Ukraine.Sybiha noted that it is time to move from using the interest on frozen Russian assets to using the assets themselves.“It’s time to move from using the interest to using the assets themselves and direct these funds toward purchasing weapons for Ukraine, investing in Ukraine’s defense industry, and rebuilding the country,” he said.The minister emphasized that Russia is an existential threat to all of Europe and the Euro-Atlantic space and called for bold action to stop Russian aggression.“To stop it (Russia – Ed.), we must make extraordinary and courageous decisions. These decisions must be based on our unity and the support of Ukraine by our partners,” he stated.According to Sybiha, during a meeting in The Hague with NATO member state colleagues, he sensed that “the understanding of threats from Russia is growing.”On June 19, Politico reported that the EU is looking to make billions more from frozen Russian assets by investing them in higher-risk financial instruments. The move would boost aid to Ukraine while avoiding accusations of misusing Russian funds.
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