Zelensky explained what is the biggest loss for Russian Federation

The Kremlin does not value human lives, but is afraid of losing its own money. Therefore, the loss of assets abroad will be painful for the terrorist country. This was stated by Ukrainian President Volodymyr Zelenskyy in his Twitter account.

He pointed out that the frozen Russian assets abroad amount to about $300bn.

All funds should be used to support Ukraine, which will be a historic opportunity to make the terrorist country pay for its evil. Russian elites and leadership do not care about human lives, but most of all they care about money. The loss of assets will be their most painful loss. They will feel the real strength of the international community and see that peace is stronger than terror," added Vladimir Zelensky.

He urged the partners to move quickly to create an appropriate legal framework.

This year we should make tangible progress on the issue of using frozen Russian assets in favour of Ukraine. On the way to this goal, we firmly rely on the leadership of the Group of Seven," the president summarised.

We shall remind you that the USA proposed that the G7 countries confiscate 300bn dollars of frozen Russian assets in favour of Ukraine. They want to agree on a corresponding plan by the second anniversary of Russia's invasion of Ukraine.

It is known that after Russia's attack on Ukraine in 2022, the G7 countries, the EU and Australia froze the assets of the Russian Central Bank for €260bn. The EU blocked most of them - €210bn. In turn, the US froze only $5bn.