The US provided Ukraine with $1 billion from the use of frozen Russian assets
news.online.ua
Tue, 24 Dec 2024 19:12:00 +0200
Ukraine received the first of 20 billion secured by frozen Russian assetsThis was announced by Prime Minister of Ukraine Denys Shmyhal.
This is the first tranche of the planned 20 billion that the United States is ready to allocate by using frozen Russian assets within the framework of the G7 initiative.
Denys Shmyhal Prime Minister of Ukraine The Prime Minister thanked American partners and the World Bank for this important step on the path to justice.
We expect that all sovereign Russian assets will be confiscated and directed towards the restoration of Ukraine.
Russian assets will remain frozen even after the war endsAs the publication notes, G7 leaders will issue a statement in October stating that Russian sovereign assets will remain frozen until Moscow compensates Ukraine for the damages caused.We confirm that Russias sovereign assets in our jurisdictions will remain blocked until it ceases its aggression and compensates for the damage caused to Ukraine, the G7 leaders draft statement, prepared by Italy, states.The document also states that the blocs countries will provide Ukraine with a loan worth 50 billion.
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