The US uses Russian assets to support Ukraine

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.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

The Verkhovna Rada adopted a draft law on banning car trips on the territories of the nature reserve fund

The Verkhovna Rada of Ukraine adopted draft law No. 11024, which prohibits...

Physics, biology and chemistry will no longer be compulsory for students of 10th, 11th and 12th grades in Ukrainian schools

The Ministry of Education and Science of Ukraine announced changes in the educational...

The question of changing the clocks in 2025 remains open

In 2024, the Verkhovna Rada of Ukraine adopted draft law No. 4201,...

In Odesa, border guards stopped a car with 10 men who were trying to cross the border illegally

In the Odesa region, border guards stopped a car filled with men of conscript...

Zelenskyi: My children stay in Kyiv during the war

President of Ukraine Volodymyr Zelenskyy said that his children, daughter...

The Washington Post: Ukraine has launched an offensive in the Kursk region, but no significant progress has been made

Ukrainian troops began offensive operations in the Kursk region, however...

The police have identified the participants of the scandalous video with the blocking of traffic in the center of Kyiv

Kyiv law enforcement officers identified all the participants in the incident recorded on the scandalous...

NAZK referred the case of the Brovary mayor to the court due to suspicions of corruption

The National Agency for the Prevention of Corruption (NACP) drew up a protocol...