The US has started urgent negotiations on the use of $ 300 billion assets of Russia for Ukraine - media
Despite legal reservations, politicians weigh the consequences of using these Russian assets to assist Kiev in hostilities. Baiden's administration, according to the message, "quietly signals" with a new support for confiscation of more than $ 300 billion dollars of assets of the Russian Central Bank hidden in Western countries.
Urgent discussions with allies on the use of funds to assist Ukraine in hostilities have begun at a time when financial support is decreasing, according to high -ranking officials from America and Europe. Until recently, finance minister Janet L. Ellen claimed that without the actions of Congress confiscation of funds "is not something that is legally acceptable in the United States.
" Some US officials have also been concerned that the world's countries will not rush to keep their funds in the Federal Reserve System, or in dollars if the US side of the United States will create a confiscation precedent. The administration in coordination with the representatives of "Big Seven" began to analyze whether it can use its available powers, whether it should be consulted in Congress on the use of appropriate funds.
The support of such a law is growing in Congress, which has been optimistic in Baiden's administration regarding the granting of the necessary powers. Negotiations between finance ministers, central banks, lawyers and intensified in recent weeks, according to officials, with Baiden administration pressed on the United Kingdom, Italy, France, Germany, Japan and Canada to prepare a strategy for the Second Anniversary The territory of Ukraine. Many details remain the subject of hot discussions.
Politicians need to identify money directly into Ukraine or use it in a different way. It is believed that the bulk of Russian deposits are in Europe, in particular, in Switzerland and Belgium, which are not part of the Great Seven. Diplomatic negotiations are currently underway on how to access these funds, some of which are in the euro and other currencies.
Among the options discussed by the Western countries are the direct seizure of assets and their transfer to Ukraine, the use of interest and other income from assets stored in European financial institutions, in favor of Ukraine or the use of assets as collateral for Ukraine's loans. We will remind, on December 20 Spiegel reported that the Federal Prosecutor General of Germany Peter Frank intends to confiscate more than 720 million euros of Russian funds.