The Economist Explained What is Delaying the Transfer of Frozen Russian Assets to Ukraine.

The transfer of income from the frozen assets of the Central Bank of the Russian Federation to support Ukraine has its difficulties. Everyone thought that these funds would be fully transferred, but problems arose. Several reasons are delaying the process.

Economic expert Ivan Us noted that, since May 2022, we have been observing fluctuations. There are successes, but then a pause follows. For example, the Kingdom of Saudi Arabia stated that if Russia transfers assets to Ukraine, they will sell EU debt obligations.

The decision of the European court, which established the legality of sanctions against frozen assets, also affected the transfer of funds to Ukraine. However, this decision can still be challenged by Russia. This also delays Ukraine's allies.

However, chief consultant Ivan Us noted that the transfer of income from assets does not mean that the issue of transferring the asset itself is forgotten. He explained that this concerns about 300 billion US dollars.