G7 Moves Closer to Funding Ukraine with Seized Russian Assets

1 min read
Source: The Associated Press
G7 Moves Closer to Funding Ukraine with Seized Russian Assets
Photo: The Associated Press
TL;DR

Deputy U.S. Treasury Secretary Wally Adeyemo visited Kyiv to discuss U.S. financial support, enforcement of sanctions on Russia, and the use of frozen Russian assets to aid Ukraine. The U.S. is seeking European consensus on utilizing $260 billion in frozen Russian assets, while also addressing China's economic support to Russia. Adeyemo emphasized the need to prevent dual-use goods from reaching Russia and highlighted ongoing efforts to tighten sanctions and support Ukraine's war effort.

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