ua en ru

UK, France, and Germany move closer to use frozen Russian assets to aid Ukraine

UK, France, and Germany move closer to use frozen Russian assets to aid Ukraine The UK, France, and Germany decide to redirect Russian assets to aid Ukraine (Illustrative photo: Getty Images)

Leaders of three key European countries announced joint efforts to use frozen Russian assets to support the Ukrainian military, emphasizing the importance of coordination with the US and strengthening the international stance, according to Reuters.

During a recent phone call, the leaders of the UK, France, and Germany agreed to advance the joint use of the value of frozen Russian assets to aid the Armed Forces of Ukraine. A statement released by the German government noted that these measures are aimed at applying pressure on Russia and encouraging it to engage in negotiations.

Coordination with the US

European leaders emphasized the need for close cooperation with the US to ensure consistency in international efforts and enhance the effectiveness of pressure measures. The joint strategy includes assessing and allocating frozen assets, which experts believe could become a significant factor in sustaining pressure on Russia amid the ongoing conflict.

Humanitarian aspect

During the phone call, the leaders also highlighted the agreement on a ceasefire in Gaza. The trio expressed their readiness to resume humanitarian aid immediately after the ceasefire takes effect, emphasizing a balance between military support for Ukraine and maintaining international humanitarian responsibility.

International implications

The joint efforts to utilize frozen Russian assets are seen as part of a broader strategy of pressure, including economic sanctions and diplomatic measures. Analysts note that coordination with the US strengthens the European Union’s ability to influence global political processes and support Ukraine amid heightened tensions.

Ukraine and the UK plan to begin joint production of interceptor drones capable of effectively countering Iranian Shahed drones, which Russia regularly uses to attack Ukrainian territory.

Ukraine is also enhancing cooperation with NATO in intelligence and long-range strike operations, while the UK, in coordination with the US, is already participating in select operations against Russia.