Sibiga calls on allies to seize Russia's assets

Foreign Minister Andriy Sibiga has said that the West should rather start using frozen Russian assets to support Ukraine and not only the income from them. Sibiga wrote about this in X (Twitter).

According to the head of Ukrainian diplomacy, "it is time to move from freezing to confiscation" of assets.

To force the aggressor to compensate for losses and damages is fair and legal," Sibiga added.

We will remind, earlier the head of European diplomacy Kaja Kallas said that billions of Russian state funds frozen in the EU should be directed to help Ukraine. Kallas suggested that Russian money will help to pay the bills for "all the damage that Russia has done to Ukraine".

It should be noted that since the start of the full-scale invasion of Ukraine, the Bank of Russia's assets worth about 260bn euros have been blocked abroad, with more than two-thirds of them frozen in the EU. The EU has already started to seize profits from Russian assets, but refrained from confiscating the entire amount (210bn euros frozen in the bloc) due to doubts about the legality of such a step.