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UK MP proposes using £30B frozen Russian assets for Ukraine’s defense and recovery amid sanctions concerns.
Oxfordshire MP Calum Miller has introduced a bill to redirect billions in frozen Russian assets held in the UK toward Ukraine’s defense, reconstruction, and humanitarian needs.
The move follows a report revealing £1.7 billion in UK-Russia trade by June 2025, including imports of Russian aircraft and services, raising concerns about sanctions evasion.
Miller argues that continued trade undermines efforts to hold Russia accountable and urges Parliament to prioritize the bill, which seeks to use the estimated £30 billion in UK-held frozen assets to support Ukraine’s security and recovery.
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El diputado del Reino Unido propone utilizar 30 mil millones de libras esterlinas de activos rusos congelados para la defensa y recuperación de Ucrania en medio de las preocupaciones sobre las sanciones.