2024, Western countries are likely to start confiscating Russian assets in favor of Ukraine - Kuleba

2024, Western countries are likely to start confiscating Russian assets in favor of Ukraine - Kuleba

Kyiv  •  UNN

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According to Ukraine's Foreign Minister Kuleba, Western countries may start seizing Russian assets in favor of Ukraine in 2024, as relevant legislation is being introduced in the EU and the US.

The countries are in the second phase of making decisions on the transfer of frozen Russian assets to Ukraine. This was stated by Dmytro Kuleba on the air of the national marathon "United News", UNN reports.

Details

According to Ukraine's Foreign Minister of Ukraine, there are already concrete developments in the United States and the European Union. There is the example of Belgium, which has transferred income taxes on Russian assets transferred taxes on Russian assets to the needs of Ukraine.

There are also pieces of legislation adopted in some countries that create mechanisms for for the transfer of money.

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Now is the stage when all efforts should be brought together in a single legal framework, i.e. unified rules for the EU and G7 countries should be created. This will be one of the of the key issues we will be working on this year

Kuleba said.