KYIV. UkraineGate .30 . November .2022 | Political News .
NATO Foreign Ministers at the Bucharest Summit discussed the possibility of confiscating frozen Russian assets to finance Ukraine’s recovery. This is reported by the Financial Times .
Details
According to the newspaper, citing sources, initially the initiative to confiscate Russian assets was proposed by the European Commission. After that, relevant discussions arose at the NATO Summit in Bucharest.
As noted, although the requirement to take action on assets was not included in the joint statement agreed by NATO ministers, many supported the EU’s efforts to explore this idea.
Recall
Earlier, Bloomberg reported that the European Union is exploring the possibility of using the frozen assets of the Russian central bank to restore Ukraine.
It was emphasized that the discussion is still at an early stage. However, legal experts have already been tasked with exploring possible options so that the transfer of assets does not threaten legal consequences.
Among the options is the use of assets of the central bank of Russia for $ 300 billion, frozen by EU countries, the United States and other allies after Russia’s invasion of Ukraine.
Source: Ukrgate
