About past, present and future of Ukraine

Search mobile

Main Business Volodymyr Zelensky and Charles Michel discussed ways to expedite the decision on use of proceeds from frozen Russian assets

Business

Volodymyr Zelensky and Charles Michel discussed ways to expedite the decision on use of proceeds from frozen Russian assets

448
Volodymyr Zelensky and Charles Michel discussed ways to expedite the decision on use of proceeds from frozen Russian assets

Share this article

President of Ukraine Volodymyr Zelensky met with President of the European Council Charles Michel.

The Ukrainian leader thanked Charles Michel for his efforts and leadership in supporting Ukraine.

“I think that with your support, our path to the EU will be faster. There will be challenges. But in any case, we see this light in the near future,” the President of Ukraine said.

 

The meeting focused on the use of proceeds from frozen Russian assets for Ukraine's needs and on the steps required to implement the relevant decision as soon as possible.

Volodymyr Zelensky thanked for the first tranche of EUR 1.5 billion, which was received from the proceeds of Russian assets.

In addition, the parties discussed in detail the situation on the frontline, military needs, steps required to strengthen Ukraine's resilience and defense capabilities, and the implementation of the Joint Security Commitments between Ukraine and the EU. In particular, they talked about the full use of the resources from the European Peace Facility and the Ukraine Assistance Fund to support Ukrainian defenders.

 

 

Special attention was paid to maintaining sanctions pressure on Russia and preventing any attempts to circumvent those sanctions.

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 ...