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Britain will keep Russian assets frozen until Ukraine is compensated

2023-06-19 17:04:00, Kosova & Bota CNA
Britain will keep Russian assets frozen until Ukraine is compensated
Protest in London against Russia's war in Ukraine

The British government has announced plans to toughen its sanctions policy against Russia.

She has introduced legislation to keep Moscow's assets frozen until Moscow agrees to compensate Ukraine.

The government has also said that a new system will be created so that the frozen assets will be donated for the reconstruction of Ukraine.

The plans have been revealed as Britain prepares to host a conference on the reconstruction of Ukraine next week.

The focus will be on increasing international support for the reconstruction of Ukraine from the war, and how the private sector can be involved in the reconstruction.

Since the start of Russia's war in Ukraine - in February 2022 - Britain has frozen assets worth more than $23 billion and sanctioned over 1,550 Russian individuals.

The British Foreign Minister, James Cleverly, has said that the reconstruction of Ukraine must be done quickly and that the new measures "will ensure that Russia pays for the repair of the state that attacked it".

According to the calculations of the World Bank, the United Nations and the European Commission, it is believed that more than 400 billion dollars will be needed for the reconstruction of Ukraine.

Russian President Vladimir Putin calls the war a "special military operation" to demilitarize Ukraine.

The West has responded to Russia, hitting the economy of this country with harsh sanctions.

As a result of the war, thousands of people have died and millions more have been displaced from their homes./ REL





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