U.S. wants to use Russia's frozen assets to rebuild Ukraine
Olha Hlushchenko — Friday, 14 April 2023, 02:30The United States is considering using frozen Russian assets to rebuild Ukraine's destroyed infrastructure.
Source: Victoria Nuland, Under Secretary of State for Political Affairs, U.S. Department of State, during the US-Ukraine Partnership Forum, cited by Ukrinform news agency
Quote from Nuland: "Among other things, we are working to make Russia pay for what it destroyed."
Details: States and allies are discussing how to attract the frozen $300 billion of the Central Bank of the Russian Federation.
Nuland emphasized that, with the support of the US Congress, the US Department of Justice has new powers to use illegal assets confiscated from Russian oligarchs to help rebuild Ukraine.
"In February, we announced the first tranche of $5.4 million under this authority, and there will be more announcements at a later date," the United States Under Secretary of State for Political Affairs noted.
She also noted that currently "discussions continue regarding $300 billion of assets of the Russian Central Bank, frozen by us and our allies."
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U.S. wants to use Russia’s frozen assets to rebuild Ukraine
The United States is considering using frozen Russian assets to rebuild Ukraine’s destroyed infrastructure.
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