The Americans, along with the Europeans, are looking for a legal basis for the transfer of frozen Russian assets to Ukraine.
US Secretary of State Antony Blinken said Washington is working with European allies and partners to find the necessary legal framework for using Russian fixed assets for reconstruction projects in Ukraine. The Voice of America reported this on Wednesday, October 4.
“It’s about $300 billion, and most of it is in Europe, not in the United States. So we’re looking at what legal authority we and the Europeans might have to actually use these assets for Ukraine,” explained the United States Secretary of State. .
He emphasized that the Russians should pay for the restoration of Ukraine. “And one way to do that is to leverage those assets,” Blinken said.
“In my opinion, if you break something, then pay. And if the Russians broke it, they should pay for it. And one of the ways to do it is through these assets. We have to make sure that there is a legal basis for it.” , said the US Secretary of State.
He added that since most of these assets are in Europe, the Europeans also need to be convinced that there is a legal basis for this.
Earlier, the United States reported that it had frozen Russian sovereign assets worth $8 billion.
We remind you that the European Union has frozen the assets of the Russian Federation in the amount of 200 billion euros. And now the European Commission is working to ensure that these funds are used in the interests of Ukraine.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.