In discussions that included France and the United Kingdom, US Treasury Secretary Janet Yellen explored ongoing financial support for Ukraine and measures to curb the circumvention of sanctions against Russia. The brief statement issued by the American department after the talks highlighted the collaborative effort to block Russia’s revenues and to ensure Ukraine receives the necessary economic assistance.
During the talks, Secretary Yellen thanked Paris for its sustained cooperation with Washington on Western actions concerning the Ukraine conflict. The exchanges underscored a shared commitment to maintaining coalition pressure and coordinating policy responses across allied capitals, recognizing that a unified approach strengthens the effectiveness of sanctions and aid strategies.
Meanwhile, the European Commission has proposed new rules that would require organizations receiving profits from frozen Russian assets to allocate the majority of those proceeds to the EU budget. The move signals a broader attempt to channel frozen wealth toward supporting European stability and reinforcements to collective security efforts, while preserving lawful asset management practices.
On the broader sanctions front, the United States is also poised to broaden restrictions by targeting individuals and entities that assist Russia, tightening the net around entities that facilitate revenue flows or provide material support to the Kremlin’s policies. The anticipated measures reflect a continuing U.S. stance to use economic tools to deter activities that undermine international sanctions regimes and to bolster allied efforts in Europe and beyond.
Earlier reports noted that the discussion extended to France, where authorities have been scrutinizing real estate transactions linked to prominent business figures connected to Russia, including executives associated with major multinational groups. Investigators are examining the implications of such deals for international finance, asset ownership, and potential sanctions evasion. These investigations illustrate how interconnected finance and commerce can become when geopolitical tensions rise and compliance regimes tighten, prompting closer scrutiny of high-value transactions and cross-border capital flows.