4 minutes agoPossible peace agreement, Reuters: Russia may agree that $300m of frozen assets will be used for reconstruction of Ukraine
Periskopi(a year ago)
(a year ago)Russia may agree that frozen assets in Europe, worth $300 billion, will be used for the “reconstruction of Ukraine”, under a possible peace agreement, have declared three sources for “Reuters”. According to Reuters, Russia will insist that some of the money be spent on a fifth [...]
According to Reuters, Russia will insist that some of the money be spent on a fifth of the territory Russian forces control.
Russia and the United States of America have held talks on ending the war in Ukraine on February 18th in Saudi Arabia and the two presidents -- the US, Donald Trump and Russia's Vladimir Putin -- have claimed they hope to meet in the near future.
After Russia's invasion of Ukraine in 2022, the US and its allies banned transactions with Russia's Central Bank and the Ministry of Finance, blocking $300 to 350 billion of Russian sovereign assets, mainly European, American and British government bonds held in a European insurance deposit.
As talks between Russia and the US are in very early stages, an idea is being mentioned in Moscow that Russia could propose using much of the frozen reserves to rebuild Ukraine as part of a possible peace deal, according to three sources of “Reuters”.
