Washington decided to provide another financial loan to Ukraine, using the proceeds from the frozen assets of the Russian Central Bank. This approach makes it possible to effectively direct resources that were previously part of the Russian financial system to support the Ukrainian economy and defense.
The United States has pledged to allocate 20 billion dollars to Kyiv out of the total amount of 50 billion that the West plans to provide to Ukraine. Another approximately 20 billion will come from the European Union, and 10 billion are planned to be contributed by Great Britain, Japan and Canada.
Financing is carried out through a mechanism that involves the use of interest accrued on frozen Russian assets.
After the introduction of sanctions against Russia in connection with its invasion of Ukraine, assets of the Central Bank of the Russian Federation totaling about 280 billion dollars were blocked in the West. The largest share of these assets, equivalent to $210 billion in euros, is located in the European Union.
Annually, these frozen funds bring a profit of 2.5-3 billion euros. It is this profit that becomes the basis for financing loans that help Ukraine resist aggression.
This financial mechanism demonstrates how frozen assets can be used to achieve the West's strategic goals. Blocked funds, which previously served the interests of the Kremlin, are now directed to support Ukraine.
This approach also shows the effectiveness of international coordination in the sanctions policy, when the blocked resources do not simply remain in a "frozen" state, but work for the benefit of the war-affected country.