London will not return frozen state assets to Moscow until it agrees to compensate Kiev for the damage it has caused. The newspaper writes about it Guard.
According to the publication, British officials are now discussing the possibility of confiscating Russian state assets with their EU counterparts. Some members of the ruling Conservative Party, the opposition Labor Party and representatives of the Ukrainian government are proposing a complete seizure of Russian state assets in the UK and their transfer to Kiev. They were worth $32 billion last year.
But last Friday, British Foreign Secretary James Cleverley insisted that Russia’s sovereign assets would remain dormant until Russia agreed to pay for the damage it had done to Ukraine.
It was noted that British officials talked about ongoing work on a daily basis, including with the EU.
Former European Commission (EC) representative Christian Wiegand aforementionedThe European Union countries informed the European Commission about the location of the frozen assets of the Russian Central Bank, worth 200 billion Euros, instead of 300 billion Euros, previously announced by the EC President Ursula von der Leyen.