The USA explained what G7 countries will do with frozen Russian assets

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The Group of Seven (G7) countries will only use profits from frozen Russian assets, although the possibility of their seizure in the future remains. writes about this Reuters referring to a senior official from US President Joe Biden’s administration.

According to the source, the West has all the powers to seize Russian assets, but the final decision on this issue will depend on political will.

According to a US administration official, G7 countries decided to give Ukraine a $50 billion loan, the repayment of which will be covered from profits from frozen Russian assets. He also acknowledged that this amount may be less than announced because not all countries have yet announced their participation and some may decline. The official added that the loan funds will be used for Ukraine’s military and other needs.

June 13, Advisor to the President of the Office of the President of Ukraine Vladislav Vlasyuk statedUkraine stated that it would not have to return the 50 billion euros that the G7 countries could allocate to it because it expects these funds to be covered by revenues from frozen Russian assets.

Formerly in the State Duma in the name Theft of providing loans to Ukraine at the expense of Russian assets.

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