Britain demands seizure of frozen Russian assets
Category
Economics
Publication date

Britain demands seizure of frozen Russian assets

Britain calls on Europe to take decisive action
Source:  Reuters

British Foreign Secretary David Lemmy called on European Union countries to finally move from freezing Russian assets to their full-fledged seizure.

Points of attention

  • The issue of seizing Russian assets has been discussed among G7 members and Ukraine's partners as a critical step towards ensuring financial support.
  • The swift transition from freezing assets to seizing them is emphasized by British authorities as a necessary measure to address the ongoing situation effectively.

Britain calls on Europe to take decisive action

The head of the British Foreign Office draws attention to the fact that the issue of Russian assets is an issue in which no country can act alone.

We must act together with our European allies,” stressed David Lemmy.

According to him, this important topic has already been discussed by members of the Group of Seven and other partners of Ukraine.

According to the British diplomat, Europe must act quickly to achieve a concrete, tangible result.

We must move from freezing assets to seizing them,” Lemmy demands.

What is important to understand is that on January 10, 2025, Ukraine received the first tranche of 3 billion euros from the amount that the European Union allocated for a joint loan of the Group of Seven for Ukraine, to repay which frozen assets of the Russian Federation will be used.

In December last year, Kyiv received the first tranche of the planned $20 billion American contribution from the United States.

Category
Politics
Publication date

Vance spoke about the exchange of territories between Ukraine and Russia

What the US offers to Ukraine and Russia
Source:  Bloomberg

The team of American leader Donald Trump has offered Kyiv and Moscow a peace agreement that involves the exchange of some territories and a freeze on hostilities approximately on the current lines of contact.

Points of attention

  • The proposal comes with a warning from President Donald Trump, indicating a potential withdrawal from the negotiation process if the terms are not accepted by both parties.
  • The new conflict lines are expected to deviate from the current front line, raising questions about the practical implications of the proposed territorial exchanges.

What the US offers to Ukraine and Russia

US Vice President J.D. Vance spoke about the US proposal to Kyiv and Moscow.

He began to argue that both sides in the war would have to give up some of the territories that each country currently controls.

Some territorial exchanges will have to be made.

J.D. Vance

J.D. Vance

Vice President of the United States

According to Vance, there is a high probability that the demarcation line will not exactly coincide with the current front line.

The current lines, somewhere near them, that's where I think the new conflict lines will eventually run, he added.

According to the US Vice President, in order to stop the bloodshed, both sides must "lay down their weapons, freeze this matter, and begin to really build a better Russia and a better Ukraine."

Vance's new statements came against the backdrop of a loud warning from US President Donald Trump.

The American leader warned that he would withdraw from the negotiation process to end the war if Kyiv and Moscow did not agree to its terms.

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