According to the document, it is proposed to transfer all frozen sovereign assets of the Russian Federation under the jurisdiction of the United States (approximately $ 5 billion) to the account with interest.
Senators recommend that US President Donald Trump transfer funds from this account to Ukraine every 90 days (it is expected that it will be at least $ 250 million).
In addition, the US administration must continue diplomatic efforts to convince other countries to also begin to redistribute at least 5% of frozen Russian assets (about $ 15 billion) every 90 days in favor of Ukraine.
In addition, senators demanded that the American administration submit a report on the volume of Russian assets outside the United States.
Context
In the west frozen about $ 300 billion Assets of the Central Bank of the Russian Federation. It is believed that approximately $ 190 billion of them is in Belgium where the EuroClear depository is located. There is no exact information how many Russian assets are frozen in every country. According to the President of the European Central Bank Christine Lagard, For example, in the USA – $ 6 billion.
For about a year, the allies of Ukraine discussed the possibility of using frozen assets of the Russian Federation to restore the country after the war. However, without coming to an agreement, the G7 countries agreed to use the interest accumulated from frozen funds (approximately $ 50 billion annually), as a loan for Ukraine.
