September 26, 2023 3:57 pm

Ukraine Seeks ‘Seizure’ of Russian Assets To Bankroll Reconstruction

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp
Telegram

URGENT: JUST 11 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, TO ENSURE WE ARE FULLY FUNDED FOR NEXT MONTH,SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS - Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Ukraine Seeks ‘Seizure’ of Russian Assets To Bankroll Reconstruction

By RT News

Ambitious plan seeks to ‘build a new European country’ following the conflict.

Kiev is working to effect the “seizure” of Russian assets in the West and their disbursement to Ukraine, in order to pay for rebuilding the country following the present conflict, Ukrainian Prime Minister Denys Shmygal said at a press event on Thursday.

He told reporters that a “working group” had been established to see how Russian assets frozen in the West could be transferred to Kiev. While admitting that the exact legal framework for the intended confiscation remains to be determined, as there’s “no single procedure in the world to do this,” Shmygal said Kiev would “work with each country separately” to develop a scheme to pay for Ukraine’s reconstruction efforts.

This echoed Shmygal’s words last week at a government meeting, where he identified the “freezing and seizure of all Russian funds and assets abroad” as one of the three “directions” Kiev was considering as part of its plans to rebuild the country, along with the “accumulation of funds from partners” and arrival at a “competent calculation” of the losses incurred during Russia’s ongoing military operation.

Ukraine had received more than $3 billion in financial support from abroad, Shmygal said at the time, adding that Kiev was in negotiations for another $10 billion, according to Interfax news agency.

Kiev announced plans in early March to establish four distinct funds to rebuild Ukraine following the conflict. One was earmarked for restoring the destroyed property and infrastructure, another for “debt service and repayment,” the third to “support affected business” with the aim of restoring normalcy in the private sector, and the fourth dedicated to “economic renewal and transformation,” which Shmygal characterized as a “Ukrainian Marshall Plan” to not just rebuild, but “build a new European country.”

Moscow sent troops into Ukraine in late February, following a seven-year standoff over Kiev’s failure to implement the terms of the Minsk agreements and end the conflict with the breakaway regions of Donetsk and Lugansk. Russia ended up recognizing the two as independent states, at which point they asked for military aid.

Russia demands that Ukraine officially declare itself a neutral country that will never join the US-led NATO military bloc. Kiev insists the Russian offensive was completely unprovoked and has denied claims it was planning to retake the two Donbass republics by force.

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

Support the ANR from as little as $8 – it only takes a minute. If you can, please consider supporting us with a regular amount each month. Thank you.

Related News

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

Australian National Review is Australia’s first real free and independent press, one with no editorial control by the elite, but a publication that can generate critical thinkers and critical debate and hold those spreading mistruths and deliberate propaganda in mainstream media to account.

News with a difference that will be educational, compelling and create a platform for political and social change in this country and address the real issues facing this country and the world.

Watch Full Documentary

URGENT: JUST 3 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED TO LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS

Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Get access to TruthMed- how to save your family and friends that have been vaxx with vaccine detox, & how the Unvaxxed can prevent spike protein infection from the jabbed.

Free with ANR Subscription from $8

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY