EU will not return assets to Russia: Kallas explained the conditions for their return.
The EU plans new discussions on aid for Ukraine
According to inkorr.com: Kaja Kallas, the EU's High Representative for Foreign Affairs, stated that Russia will not be able to access its frozen assets until it compensates Ukraine for the damages incurred. Preparations for the next negotiations to support Kyiv are ongoing in Brussels, as reported by Ukrinform.
Kallas noted that one of the key topics at the upcoming meeting of foreign ministers will be the conflict in eastern Ukraine caused by Russia's actions, as well as mechanisms to increase support from the European Union. The possibility of using frozen Russian assets for the benefit of Ukraine is also planned to be discussed.
“Russia shows that it is not striving for peace,” emphasized the EU's High Representative, pointing to the necessity for Moscow to achieve a diplomatic resolution to the conflict.
Earlier, the European Union transferred €1.6 billion to Ukraine from revenues received from frozen assets of the Russian Federation.
The European Union is preparing for a new round of discussions regarding support for Ukraine, focusing on the conflict in the eastern part of the country and the use of frozen Russian assets. The EU's High Representative urged Moscow to pursue a peaceful resolution to the conflict and stressed the need for compensation for the damages inflicted on Ukraine prior to gaining access to its assets.
The importance of these negotiations lies in the fact that they may determine further steps of the European Union in supporting Ukraine amid the ongoing conflict. Discussions on the use of frozen Russian assets also highlight the EU's intentions to find new ways to exert economic pressure on Moscow while simultaneously supporting the Ukrainian economy and recovery.Read also
- Three Pillars of Growth: Ukraine’s New ‘Economy of the Future’ Strategy Unveiled
- Ukraine Strikes Cause Fuel Shortage, Forcing Russia to Import Gasoline from Asia
- Ukraine's Railway Seeks New Name for Kyiv-Kovel Train as Fleet Modernization Continues
- Ukraine Launches Business Recovery Initiatives: Grants Up to 16 Million Hryvnias and Employee Support Payments
- Drone Strikes on Refineries Force Russia to Import Gasoline by Sea for the First Time in Years
- Eco Market Expands in Chernihiv: Four New Stores and Hundreds of Job Openings

