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The European Union, G-7 countries and Australia have frozen about 260 billion eu...

"Increase in negotiations": in the US called for a way to use frozen assets of the Russian Federation

The European Union, G-7 countries and Australia have frozen about 260 billion euros ($ 282 billion) in the form of securities and cash, with more than two thirds of them in the EU. US Finance Minister Janet Ellen called on the largest developed economies of the world to find a way to "unlock the value" of immobilized Russian assets to help strengthen Ukraine's protection from Russia's invasion and for long -term reconstruction after the war. About it reports Bloomberg.

She noted that there are significant international laws, economic and moral arguments to move forward. For this purpose, according to her, there are every reason. "The big seven must work together to study a number of proposed approaches," she explained. Her comments were made at a moment when the Great Seven countries were discussing what to do with sovereign assets that were frozen at the beginning of the invasion.

The needs of Ukraine in financing remain steadily high, and the war has been ongoing for the third year without any sign until the termination. The European Union, G-7 countries and Australia have frozen about 260 billion euros ($ 282 billion) in the form of securities and cash, with more than two thirds of them in the EU.

All parties agree that these funds should remain closed to Russia, if it does not agree to help Ukraine's reconstruction, but they differ in the legality of the full seizure of assets. "Unblocking assets for the help of Ukraine" would be a decisive response to the unprecedented threat negotiations and signing of just peace with Ukraine.