The Ukrainian MFA chief, Dmytro Kuleba, said that Ukraine and its partners will reach a decision regarding the use of frozen Russian assets in 2024.
A decision on Russia's frozen assets use will be made in 2024
The chief of the Ukrainian MFA announced this at a press conference with his Canadian colleague Melanie Jolie in Kyiv.
The decision will be made in 2024, I have no doubt about it, knowing the dynamics of these discussions. The issue is that the decision has its own complexities and may be adopted in parts. First, regarding the tax on the profit of the frozen asset, the profit itself and with the rest of the asset itself, Kuleba said.
However, as the minister emphasized, work in this direction continues, "there are first results, and the fact that this decision will be made in 2024 is a fact."
The head of the Foreign Ministry humorously explained that "ideally, we would like all frozen Russian assets to be loaded onto a Russian plane arrested in Canada and flown to Ukraine, where we can use them."
And if no joke, I hope that Canada will complete all court and legal procedures, and this plane will become an important symbol, an important precedent for the transfer of not a financial, but a material Russian asset to Ukraine, the diplomat added.
For her part, Jolie emphasized in this context that Canada has currently imposed 2,800 sanctions against Russia and citizens of the aggressor state.
We have frozen bank accounts related to Abramovich's company. The goal is to win exactly those court cases that are already in court. We strive to do this so that the sanctions regime works, — explained the Canadian MFA chief.
Russia's frozen assets confiscation in favour of Ukraine
Recently, the EU ambassadors agreed to use profits from frozen Russian assets to help Ukraine. It was also reported that the diplomats, by their decision, allowed the transfer of income from the assets of the aggressor country to a separate account.
At the end of 2023, the Western press wrote that the United States proposed to the G7 countries to confiscate frozen Russian assets for 300 billion dollars for the benefit of Ukraine. They allegedly intend to agree on such a plan by the second anniversary of the full-scale invasion of the Russian invaders into Ukraine.
Recently, the President of Ukraine, Volodymyr Zelenskyy, stated that Western countries have come close to confiscating the assets of the Russian Federation.
However, as reported by the mass media, the European Union probably will not be able to give Ukraine the profit from the assets of the Russian Federation for 2023.
