Sybiha: It Is Time to Resume Discussions on Using Frozen Russian Assets for Ukraine
Ukraine believes it is time to step up work on developing a legal mechanism to use frozen Russian assets to support the country. Acting Foreign Minister Andrii Sybiha made the statement during a joint press conference with Belgian Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation Maxime Prévot in Kyiv, UATV English reports. “We believe that now is…
Ukraine's Acting Foreign Minister Andrii Sybiha has called for renewed discussions on utilizing frozen Russian assets to bolster Ukraine's resilience and macrofinancial stability. During a press conference in Kyiv alongside Belgian Deputy Prime Minister Maxime Prévot, Sybiha emphasized that the destruction caused by Russia to Ukrainian infrastructure has surpassed $600 billion, as per World Bank estimates.
He stressed that the scale of the damage is a burden that no single nation could bear alone. Sybiha highlighted that Ukraine is currently safeguarding the freedom of Europe while enduring the highest sacrifices, including the loss of its soldiers. He expressed gratitude to Belgium for its leadership in supporting Ukraine and affirmed that frozen assets represent a crucial avenue for leveraging Russian funds.
Sybiha stressed that a collective decision and responsibility are necessary to reach concrete outcomes, urging further dialogue on this issue in European capitals and beyond. The Verkhovna Rada is set to vote on Sybiha's permanent appointment as foreign minister on August 19.
Written by urgent.news from UATV English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.