Ukrainian Prime Minister Denys Shmyhal discussed the confiscation of Russian assets and the restoration of Ukraine with Luxembourg's Prime Minister Luc Frieden. Shmyhal reported this on the social network X, UNN reports.
Productive meeting with Luc Frieden. We discussed European integration and Ukraine's recovery, humanitarian demining. We focused on the confiscation of Russian assets. He told us about our proposals for a mechanism
The Prime Minister also thanked the President of Ukraine for his support of the Peace Formula and Luxembourg's participation in military aid coalitions, including the purchase of shells.
European Union foreign policy chief Josep Borrell said on Tuesday that he would propose that the EU use 90 percent of the proceeds of Russian assets frozen in Europe to buy arms for Ukraine through the European Peace Fund, with a concrete proposal due on Wednesday, March 20.