December 4, 02:10 PM • 21701 viewsPresident Zelenskyy discussed Ukraine's peace efforts with Irish Prime Minister Harris, thanked Ireland for its humanitarian assistance, and agreed to work on a bilateral security agreement in line with the G7 Vilnius Declaration.
The EU has started negotiations on the 14th package of sanctions against Russia, which includes restrictions on Russian gas, including a ban on transshipment of Russian liquefied natural gas (LNG) and restrictions on three Russian LNG projects.
Ukraine held another round of negotiations with Portugal on a bilateral security agreement, making significant progress toward the signing of the agreement by their leaders in the near future.
Euroclear will decide to confiscate 87-89% of the proceeds from frozen Russian assets worth €2-3 billion in the coming weeks.
President Zelenskyy held phone conversations with the prime ministers of Spain and Belgium, who confirmed their participation in the inaugural Peace Summit in Switzerland on June 15-16, and discussed defense cooperation and Ukraine's integration into the EU.
Brussels is considering allowing neutral EU countries to opt out of using frozen Russian assets to purchase weapons for Ukraine, while G7 members such as Germany, France and Italy remain cautious due to legal and financial risks.
More than two million barrels of russian oil products are stuck in tankers off the coast of Oman due to South Korea's repression of direct imports from russia.
The G7 plans to provide Kyiv with $50 billion in aid from frozen Russian assets, and the US is negotiating to sign an agreement at the G7 summit in June.
Italy announces a new military aid package for Ukraine, including the SAMP/T air defense system, before the G7 summit.
Despite Ukraine's insistence, the G7 countries reportedly no longer have the idea of full confiscation of frozen Russian assets on the table, instead exploring alternative ways to obtain funds from these assets to support Ukraine.
Ukraine and Poland are working on a security guarantee agreement that will clearly define the tasks and actions of both countries to strengthen security.
The U. S. Senate unanimously passed a law banning imports of enriched uranium from Russia. The document bans imports of Russian uranium to the United States until January 2028.
The G7 energy ministers agreed to work to reduce their countries' dependence on russian nuclear-related goods, including promoting diversification of the nuclear fuel supply chain free of russian influence.
The International Group of P&I Clubs, a central organization in the global insurance industry, has expressed concern that the price ceiling on Russian oil set by the Group of Seven is becoming increasingly unworkable as more ships and services migrate to the "shadow fleet" outside of Western control.
The G7 countries condemn Russia's seizure and militarization of the Zaporizhzhya nuclear power plant in Ukraine, which poses serious risks to nuclear safety and has implications for the entire international community.
The G7 energy ministers are discussing setting a common target date of 2035 for the closure of coal-fired power plants, a significant step toward the phase-out of fossil fuels.
The European Commission's new package of sanctions against Russia should target Russia's "shadow fleet," liquefied natural gas, and circumvention of the restrictions imposed.
Germany opposes the confiscation of $300 billion in frozen russian assets for Ukraine's reconstruction and military aid, fearing it would set a precedent that could lead to new lawsuits against Germany for World War II crimes.
The head of the Ukrainian Ministry of Justice said that there is about a month and a half left to reach an international consensus on the confiscation of Russian assets, as the G7 summit in mid-June is likely to formalize a decision on this issue.
The Security Committee of the Swiss Parliament has voted to allocate $5. 5 billion in aid to Ukraine as part of a package of measures aimed at improving Switzerland's defense capabilities.
Deputy Head of the Presidential Office Iryna Mudra met with Ambassador of Japan Kuninori Matsuda to discuss strengthening cooperation in bringing Russia to justice for its aggression against Ukraine, including the establishment of an international special tribunal for the crime of aggression and the confiscation of frozen Russian assets.
A U. S. proposal to use future interest on $300 billion in frozen Russian assets to help rebuild Ukraine instead of confiscating them outright is gaining momentum among the G7 countries, and officials are seeking consensus on the plan at the upcoming summit in June.
During his visit to China, U. S. Secretary of State Anthony Blinken emphasized the need for "direct" and "ongoing" cooperation between the United States and China.
Satellite images show that the russian cargo ship Angara, which is under US sanctions for supplying North Korean weapons to russia, has been allowed to dock at a Chinese shipyard.
National security advisors and senior officials from around the world will meet in Doha, Qatar, this weekend to discuss plans for a summit on Ukraine's conditions for resolving its conflict with Russia.
The European Commission is expected to propose sanctions against ships delivering North Korean military equipment to Russia and tankers violating the G7 agreement on the price ceiling for Russian oil.
EU Diplomacy Chief Josep Borrell expects the EU Council to finalize the discussion on the use of funds from seized Russian assets for military support to Ukraine through the European Peace Fund, as the bloc believes it is legally justified.
The United States is developing sanctions that could cut off some Chinese banks from the global financial system to force Beijing to limit exports of dual-use goods that help Russian military production.
The US is calling on the EU to lower taxes on income from frozen Russian assets to maximize the funds that can be lent to Ukraine, potentially up to $50 billion this summer, by issuing bonds or loans to be repaid with interest from those assets.
The heads of Ukraine's anti-corruption agencies met with the G7 and EU ambassadors to discuss ongoing efforts, challenges, and the importance of transparency and accountability in public administration.
