Kuleba announced a fateful decision against Russia in 2024
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Kuleba announced a fateful decision against Russia in 2024

Dmytro Kuleba

According to the Ukrainian MFA chief, Dmytro Kuleba, he records progress in confiscating Russian assets in favour of Ukraine.

Russian frozen assets can still be confiscated

The Ministry of Foreign Affairs chief predicts that within 2024, it will be possible to approve a unified legal framework for this.

As the diplomat notes, the States and the EU have already worked out how to use the sovereign assets of the Russian Federation.

Moreover, it is noted that individual states have already adopted their own decisions that create a mechanism for transferring money to Ukraine.

Therefore, we are now already in the second phase, when all efforts must be combined into a single legal framework. That is, uniform rules must be created for the countries of the European Union, for the countries of the "Group of Seven", Dmytro Kuleba emphasised.

Journalists asked the head of Ukrainian diplomacy about adopting this legal framework.

According to him, this will happen already in 2024.

He drew attention to the fact that we were very far from adopting this framework just a few months ago.

And now already at the level of the G7, at the level of the European Union, the approval of specific legal norms is being discussed. That is why we came very close to creating a legal regulation for the transfer of Russian assets, Kuleba explained.

The problems in the US pushed the world to confiscate frozen Russian assets

As already mentioned earlier, the team of the American leader Joe Biden intensified efforts to confiscate about 300 billion dollars of sovereign Russian assets frozen in the territory of Western countries.

This happened against the background of the reluctance of members of Congress to provide multibillion-dollar aid to Ukraine.

On December 12, the European Commission approved a proposal for a legislative act on the use of revenues from frozen Russian assets for the recovery of Ukraine, which was taken into account by the European Council on December 14.

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