According to The Times, the amount would cover more than two-thirds of Ukraine's financial needs over the next two years – either for the continuation of the war or for the reconstruction of the country if a peace agreement is accepted. In addition to the £8 billion from Great Britain, a large part of this amount would come from Belgium, where most of the frozen Russian assets are located. However, she opposed this solution. The UK is seeking to change this approach, arguing that cooperation between countries on this issue is crucial.
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How much money does the UK intend to give to Ukraine?
What are the main sources of frozen Russian assets?
What is the mechanism for unblocking Russian assets?
What did Yvette Cooper say about the threat from Russia?
UK: We will not tolerate brazen aggression
According to The Times, the mechanism for unblocking Russian assets worth £8 billion stored in Great Britain and transferring them to Ukraine has not yet been finalized.
“We need a coordinated plan to use these Russian assets,” Cooper said, quoted by The Times. She added that it is not only about financial support, but also the official message that Russia and Vladimir Putin pose an active threat, among others. for Great Britain. “They can't just sit back and think they're going to dominate us economically.”
Britain announced on Thursday that it was imposing sanctions on Russia, including on its military intelligence. This is a reaction to the results of the investigation into the death of Dawn Sturgess, a woman accidentally poisoned in 2018 by GRU officers. The goal was then to kill double agent Sergei Skripal and his daughter. According to the report, the order for the assassination was given personally by Vladimir Putin.
“We will not tolerate this brazen and vile aggression on British soil. That is why we are imposing sanctions on those who carry out sinister activities for Moscow, and we will intensify efforts to suppress hostile Russian hybrid activity,” said the Foreign Secretary.
