Ukraine will receive $50 billion of Russia's frozen assets in the coming weeks. This was announced at a briefing by US Secretary of State Anthony Blinken, the "Strana.ua" publication reports.
According to him, there is a coordinated plan between the USA and the European Union for the rapid transfer of funds to Ukraine.
"Now, based on the frozen Russian assets, we should get $50 billion that will go to Ukraine in the coming weeks, as well as from Europe, and that will support Kiev for some time next year,”, Washington's top diplomat emphasized .
He added that allies continue to work to ensure that Ukraine has the money and resources it needs to maintain its economy and defense.
"Ammunition, everything that comes with it, whether it's air defenses, missiles or armored vehicles. We are working very hard to make sure that Ukraine has what it needs for many months to come. The US is doing everything it can”, the Secretary of State also assured.
In late October, the G-7 countries agreed on a $50 billion loan facility to Ukraine, which will be repaid with proceeds from frozen Russian assets.
Washington will provide Kiev with $20 billion, the EU will contribute roughly the same amount, and the remaining $10 billion is expected from Britain, Japan and Canada. The loan will be repaid from the income from Russian assets, which are estimated at two to three billion euros per year.
Washington has promised Kiev $50 billion in frozen Russian assets
Anthony Blinken added that allies are continuing to work to ensure Ukraine has the money and resources it needs to support its economy and defense
Dec 5, 2024 09:10 131
