🔗 Share this article

The UK is set to progress with utilizing the total value of immobilized Russia's assets to bolster the Ukrainian military campaign, Leader Sir Keir Starmer has declared.

In a joint statement, the leaders of the Britain, France, and the Federal Republic of Germany emphasized that this unified step would escalate tension on Moscow's head Vladimir Putin and persuade Russia to engage in negotiations.

They clarified that the move would be carried out in strong partnership with the United States.

United Kingdom restrictions have frozen in excess of £25bn of Russian resources since Russia launched its widespread offensive against Ukraine in 2022. But, previously, money allocated to the Ukrainian government using Russian assets had exclusively been sourced from earnings and returns accrued on them.

Sir Keir informed Ukrainian President Volodymyr Zelensky that the United Kingdom, France, and the Federal Republic of Germany were in agreement in their goal to push forward toward using the total worth of the seized Russian sovereign assets to conclude the conflict.

He stated that additional restrictions soon would increase the strain on Moscow.

This declaration comes after European Union leaders convened in the Danish capital recently to discuss utilizing immobilized Russian funds for a €140bn credit to the Ukrainian nation.

Recently, US President Donald Trump called on G7 allies to confiscate or utilize immobilized Russian funds, as reported by reports.

The value of immobilized Russia's funds in the Europe is assessed to be nearly €211bn.

President Zelensky urges the United Kingdom's Sir Keir Starmer to take part in the weapons procurement initiative

Moscow carried out widespread bombardments all over the Ukrainian territory on recently, causing electricity outages in significant regions of Ukraine's capital, the city, and several other zones.

Several persons were fatally injured and a minimum of 20 people were injured in the attack, authorities in Ukraine reported.

In a message on social media following the strike, Zelensky stated that the strategic strike aimed at civilian and energy infrastructure.

"The necessity is not empty words but concrete steps - from the United States, the European Union, and the seven nations - in supplying anti-aircraft weapons and enforcing sanctions," he wrote.

"Every sanction decision diminishes Moscow's military apparatus," Zelensky wrote, in a additional update.

Additionally that day, Zelensky told media outlets he would encourage Sir Keir to join the weapons procurement programme, under which partner nations acquire weapons from the US to donate to the Ukrainian forces.

While commending the UK's consistent assistance for the Ukrainian government, he said it should send a clear signal that it would participate in the initiative, as well as impose further sanctions on Russia.

Major Russian Strikes Disrupt Electricity in Kyiv and Throughout the Nation

• War in Ukraine
• French Republic
• Germany
• Russia
• Ukraine