US discusses buying weapons for Ukraine using frozen Russian assets
www.pravda.com.ua
Sat, 25 Jan 2025 03:14:58 +0200
Keith Kellogg, Donald Trumps special envoy for Ukraine and Russia, has stated that the US is discussing the possibility of buying US arms for Ukraine using the proceeds from frozen Russian assets. Source Kellogg in an interview with Fox News Details Kellogg noted that this option could be part of the more complex solution that will simultaneously support Ukraine in its war against Russia and strengthen the US defence industry. Weve talked about this repeatedly of using Russian assets to buy US arms, said Kellogg. Kellogg emphasised that while providing military equipment remains a key element in achieving peace, other critical components, such as diplomatic and economic influence, are also important.
However, using Russian assets for Ukrainian defence remains on the table. Quote Buying military equipment remains a key element, but it is just a piece of the bigger puzzle.
Using Russian frozen assets to do that, to buy US arms, is one piece of the puzzle that needs to be discussed, and it is going to be on the table with the president to talk about. Background At the beginning of January, Ukraine and Italy discussed the possibility of using the proceeds from frozen Russian assets to purchase Italianmade air defence systems and ammunition. In 2024, G7 issued a joint loan to Ukraine of US50 billion using Russian assets the funds will officially be granted as credit but will be repaid with proceeds from immobilised Russian assets. At the end of December, the US provided Ukraine with the first tranche of the expected US20 billion of US contributions. In January, Ukraine received the first tranche of 3 billion from the amount allocated by the European Union for a joint loan from the G7 to Ukraine, which will be repaid using proceeds from frozen Russian assets.
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