USD
41.21 UAH ▼0.57%
EUR
45.96 UAH ▼0.61%
GBP
55.12 UAH ▲0.12%
PLN
10.76 UAH ▼0.76%
CZK
1.83 UAH ▼0.96%
There are about $ 280 billion in Russian assets around the world. Fearing the co...

Armed Forces will start receiving funds from Russian assets in a few months - Politico

There are about $ 280 billion in Russian assets around the world. Fearing the consequences of the unprecedented step, in the West, they argued for years whether it was necessary to fully confiscate these funds. Canadian Finance Minister Christ Fryland has expressed confidence that the global plan for the use of Russian assets to support the Ukrainian army is moving forward. Politico writes about it.

"I am absolutely convinced that Ukraine will start receiving money in the coming months," freeland said in an interview with journalists, adding that the technical details are now being agreed. In countries around the world, Russian assets, frozen after a full -scale invasion, are estimated at $ 280 billion. Fearing the unforeseen global consequences of the unprecedented step, the Western countries have argued for years of ordering whether these funds were to be fully confiscated.

G7, including Canada, USA and Japan, have agreed this summer to use a profit from frozen assets to give Ukraine a loan of $ 50 billion to finance the army. Christ Freeland was in the forefront of such an initiative. For her, the war in Ukraine is personal. The Canadian politician has Ukrainian roots, she worked as a journalist during the collapse of the Soviet Union, and now set a task to achieve international support for the country's war.

Journalists point out that Canada is considered one of the most noticeable supporters of Ukraine: it provided financial support, and arrested the Russian cargo aircraft An-124 at Toronto Airport. At the same time, the country's leadership failed to fulfill a number of obligations concerning NATO expenditures. And so far, because of the bureaucratic red tape, Ukraine has not set Ukraine the promised air defense system.

Friland also said that she was one of the few in G7, who was not surprised by the fact that Kiev did not fall in the first week of a full -scale war. According to her, the fact that Kiev would be captured in February 2022 was considered true in the last instance. "When Russia began its full -scale invasion, everyone believed that Kiev could not stand. Maybe a week, perhaps two weeks, for a maximum of three weeks," she remembered.

Freeland added that even "truly intelligent military, smart analysts" were absolutely sure that it would be. "I really believed that the Ukrainian people have determination and social cohesion to resist and resist successfully," she said. According to Freeland, she was also surprised by the stability, manifested by the West and Allies. "Support was deeper and longer <. . . > after all, Ukrainians do not ask the British, Canadians to fight and die there. They do it themselves . . .