Western negotiations for the use of Russian assets for the reconstruction of Ukraine

According to the international group Tasnim news agency, Bloomberg reported this Sunday, quoting informed sources, that The Group of 7 and the European Union are discussing a plan to use more than $250 billion in frozen Russian assets as collateral to help rebuild Ukraine.

Under the proposal, allies Ukraine could sell its debt to help rebuild the war-torn country, using frozen assets as collateral. Proponents of the plan believe that any settlement of the conflict based on International law obliges Russia to pay for the damage it has caused to its neighbor. If Russia refuses, claims may be made about blocked assets.

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