UK Foreign Secretary David Cameron proposes using frozen Russian central bank assets.

UK Foreign Secretary David Cameron proposes loaning Ukraine all frozen Russian central bank assets in the UK, contingent on Russia paying reparations to Ukraine following the war. The assets would serve as collateral for repayment. This proposal goes beyond EU discussions, focusing on using a syndicated loan or bond backed by the frozen Russian assets to provide financial support to Ukraine.

March 06, 2024
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