WASHINGTON, Oct 15 (Bernama-Anadolu) -- The US has proposed that European countries unfreeze some Russian sovereign assets immobilised following Russia’s war in Ukraine and transfer them to a financial vehicle overseen by Washington in an effort to revive peace negotiations, Anadolu Ajansi reported, citing the Financial Times on Wednesday.
World : US Floats Unfreezing Some Russian Assets To Restart Ukraine Peace Talks: Report
US, unfreeze, sovereign assets, Russia, Ukraine
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Key takeaways
The US proposed unfreezing some Russian assets to restart Ukraine peace talks, but European countries rejected the idea.
- The US suggested transferring frozen Russian assets to a US-controlled financial vehicle to aid peace talks.
- European delegates rejected the proposal, questioning Washington's approach to pressuring Russia.
- Approximately €260 billion in Russian assets were frozen by Western countries in 2022.
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