Germany’s opposition to the use of Russian assets for the benefit of Ukraine

– International News – Tasnim news agency According to the German newspaper Tagusschau, the German federal government is cautious about the US initiative to use frozen assets. Russia reacted for Ukraine. Stefan Hebstreit, the spokesman of the German government, said: “Our position is still the same, and here the issue is the income from the frozen assets. The issue is not related to the assets themselves.

The spokesman of the German Ministry of Finance also said that the proceeds of these assets will be used. Accordingly, this means that the basic principles of international law, such as the immunity of governments, are maintained. G7) want to look for ways to finance long-term Ukraine in their meeting on Friday and Saturday in Italy. At least use them as collateral for securities or loans. Since the beginning of the war, a total of about 300 billion dollars of Russian assets have been frozen by these Western countries. Kurds: European Union countries have approved a plan to use frozen assets of Russia in member states of this Union to strengthen the military forces of Ukraine. It will be allocated for military assistance to Ukraine against the Russian invasion, and another 10% will be considered for other support to Kiev.

These assets are expected to be around 15-20% by 2027. to bring billions of euros in profit. EU diplomats say that Ukraine is likely to receive its first installment of profits from Russian assets in July.

Russia has previously threatened Western countries with a strong response and legal challenges if they touch these assets. They will face no end.

The Group of Seven froze about $300 billion in Russian assets immediately after Moscow invaded Ukraine in 2022. Since then, the European Union and other countries of the group have talked seven times about how and how to use this budget to help Ukraine.

The United States had previously advised European countries to confiscate all Russian assets. But the European Union had opposed the proposal, citing the dangers of such a move for the euro and its wide-ranging legal consequences.

Sky News reported on Tuesday that US Treasury Secretary Janet Yellen said the possibility It is possible that the member countries of the Group of Seven will help Ukraine up to 50 billion dollars by using the seized assets of Russia. that we can provide significant resources to support Ukraine in the next few years.

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