The permission of the European Council to spend the income of Russian assets for Kyiv

According to the report of the international group Tasnim news agency quoting The Council of the European Union on Tuesday officially approved a decision allowing the use of net profits from frozen Russian assets for military aid to Ukraine, TASS news agency said. This issue was revealed from the official statement published on the website of the Council of the European Union.

According to this information, among the approved documents, there is a license that guarantees the revenues The result of Russian assets should be used for more military support of Ukraine, as well as for strengthening the defense and industrial potential and reconstruction of this country. In this way, 90% of the income transferred by the depositors to the EU budget twice a year will be deposited into the European Peace Fund, which is in charge of the military supplies of the Ukrainian army. Another 10 percent of the budget will be allocated to EU programs for the reconstruction of Ukraine.

Payment of funds from frozen Russian assets will be transferred to Ukraine twice a year. The first withdrawal of profits from Russian assets in favor of Kyiv is expected in July. 

After that, Czech Foreign Minister Jan Lipavsky also confirmed that EU member states approved a plan to use the proceeds from frozen Russian assets. .

In response to this decision, the Russian Permanent Mission to the European Union warned last night that sooner or later the European Union will have to hand over the frozen assets. return to Russia.

The published statement says: The consequences of the created precedent will certainly be unpredictable, including for the Eurozone, the economy of the bloc member countries, and the space investment. Only one thing is predictable and that sooner or later EU members will have to return what they stole to our country.

Russian delegation Pointing out that the open theft of other countries’ assets has now become an official tool of Brussels’ foreign policy, he reminded: the European Union has abandoned its obligations to protect private property and investment, as well as respect international legal immunities. /p>

Borrell: Profits from Russian assets should be sent to Ukraine immediately

In this regard, Josep Borrell, the head of EU diplomacy, also welcomed the approval of the EU Council to use the profits from frozen Russian assets to help Ukraine, and asked Brussels to do this as soon as possible. /p>

This European diplomat wrote on his page on the X social network (former Twitter): “I am particularly pleased with the important and urgent decision of the Council to use windfall funds from confiscated assets. I support Russia in favor of Ukraine. According to my proposal, 90% of this income will be allocated to military aid through the European Peace Fund, and we must immediately start implementing this decision so that the necessary aid reaches Kiev as soon as possible.”

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