About past, present and future of Ukraine

Search mobile

Main Business Borrell: Frozen assets of the Russian Federation may be transferred to Ukraine: the issue will be considered in the near future

Business

Borrell: Frozen assets of the Russian Federation may be transferred to Ukraine: the issue will be considered in the near future

371
Borrell: Frozen assets of the Russian Federation may be transferred to Ukraine: the issue will be considered in the near future

Share this article


In addition, he will announce an additional contribution of more than 1 million euros for demining operations in Ukraine through the OSCE.


At a meeting of the OSCE Ministerial Council in Lodz, options for the transfer of frozen and confiscated assets of the Russian Federation for the restoration of Ukraine will be considered.

This was announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell before a two-day meeting of the OSCE Ministerial Council in the Polish city of Lodz. He stressed that Russia could not conquer Ukraine, and therefore staged a missile terror.

"Their goal is to plunge the Ukrainian people into darkness and cold for the winter. This is a war crime," Borrell said indignantly.

According to him, they plan to discuss the path to a new security order at the meeting because "Russia has broken completely the one that we had." The work will be carried out in three directions:

  • support for the International Criminal Court, the Ukrainian prosecutor, and the creation of a special tribunal;
  • attracting blocked and confiscated Russian funds for the restoration of Ukraine;
  • communication with the ministers of foreign affairs of Azerbaijan and Armenia.

"In this meeting, I will be presenting our support – the European Union’s support – to the OSCE and to Ukraine. I will announce an additional contribution of more than €1 million for demining operations in Ukraine through the OSCE," the EU High Representative for Foreign Affairs and Security Policy added.

Borrell added that almost 20 billion euros were seized from oligarchs and people who support Russia.

“And also, we have control of about €300 billion of financial resources of the Russian Central Bank. This amount of money has to be used for the reconstruction of Ukraine. So, I will meet with my colleagues as Foreign Ministers - today with many more than the Ministers of the European Union. We will explore all legal possibilities to ensure that Russia will pay for the destruction it is causing in Ukraine. These reserves are blocked but [between being] blocked and being seized, there is a strong difference. There are legal procedures that need to be studied, but our proposal is on the table," the diplomat added.


The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...