Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Kyiv, December 6 (Xinhua) — The United Kingdom is considering transferring 8 billion pounds sterling (approximately 10.6 billion US dollars) of Russian assets frozen in its territory to Ukraine, the Ukrinform news agency reported on Friday.
It is noted that London, together with Kyiv's other partners, wants to develop an agreement that would unlock up to $130 billion for Ukraine. These funds would cover more than two-thirds of the country's financial needs for the next two years.
Meanwhile, later on Friday, the Interfax-Ukraine news agency reported that, according to Western media, the US is trying to persuade European countries not to approve a loan to Ukraine using Russian assets frozen in the EU. Washington allegedly believes these funds will serve as leverage for reaching a peace agreement between Moscow and Kyiv.
On December 3, the European Commission presented two options for financing Ukraine in 2026-2027, totaling €90 billion. The first option involves an EU loan backed by the EU budget, while the second involves a so-called reparations loan financed by frozen Russian assets. These proposals are expected to be discussed at the EU summit in Brussels on December 18-19.
In 2026, Ukraine hopes to attract 2.79 trillion hryvnias (approximately $65.9 billion) in external financing to cover the state budget deficit caused by the ongoing armed conflict with Russia. –0–
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