Sybiha: Time has come to return to frozen assets topic, discuss clear legal mechanisms
Head of the Ministry of Foreign Affairs of Ukraine Andriy Sybiha stated that the time has come to actively return to discussing the topic of frozen assets and how they can be utilized for Ukraine.
Ukrainian Foreign Affairs Minister Andriy Sybiha has called for renewed discussions on frozen Russian assets to help Ukraine rebuild and achieve macro-financial stability. Speaking alongside his Belgian counterpart at a press conference in Kyiv, Sybiha emphasized that the World Bank estimates the damage caused by Russia on Ukrainian infrastructure to be over $600 billion, a burden too great for Ukraine to bear alone.
He stressed the importance of developing clear legal mechanisms to utilize these frozen assets, arguing that Europe must take collective responsibility for supporting Ukraine in its fight to protect the continent's freedom. Sybiha expressed gratitude to Belgium for its leadership in this area, noting that frozen assets could significantly bolster Ukraine's efforts to rebuild and stabilize its economy.
He reiterated that addressing this issue must be a collective decision, highlighting the need for European capitals to engage in substantial discussions on the matter.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
