Economy

London and Ottawa can finance Ukraine from frozen Russian assets

London and Ottawa can finance Ukraine from frozen Russian assets

The United Kingdom and Canada have announced their readiness to provide Ukraine with financing based on the model of so-called “reparations loans”, which the European Commission ties to frozen Russian assets.

This is reported by “European Pravda”, citing the words of European Commissioner for Economic Affairs Valdis Dombrovskis.

According to him, London and Ottawa are ready to apply the same scheme that the EU is proposing to mobilize funds guaranteed by Russian assets. Dombrovskis also noted that the European Commission is in talks with the Japanese government about the possibility of joining this model.

It was previously reported that negotiations between the European Commission and the Belgian government regarding a loan to Ukraine of 140 billion euros did not yield any results.

As a reminder, the German industrial concern Rheinmetall announced that it will transfer Skyranger 35 anti-aircraft systems to Ukraine , the financing of which will be carried out at the expense of funds from frozen assets of the Russian Federation.

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