20:19 05.08.2024

Zelenskyy discusses with Shmyhal acceleration of flow of frozen Russian assets to Ukraine

2 min read
Zelenskyy discusses with Shmyhal acceleration of flow of frozen Russian assets to Ukraine

Ukrainian President Volodymyr Zelenskyy and Prime Minister Denys Shmyhal agreed on their positions during a meeting on Monday on how to bring closer the actual flow of frozen Russian assets within a G7 decision to allocate $50 billion of these funds to Ukraine.

"Today we discussed several important practical nuances on the use of Russian assets that are blocked by partners. There is the G7 decision on $50 billion for Ukraine from the use of Russian assets, and now we are working with partners in Europe and America on specific implementation. Today we agreed on our position on how to bring closer the actual flow of funds," Zelenskyy said in an evening video address.

This is what, according to the head of state, "is critically important for Ukraine and can strengthen us in this autumn-winter season."

Zelenskyy and Shmyhal also worked out the work schedule for the current month, namely the necessary decisions and agreements that are expected in relations with partners, primarily in Europe.

"We now have a new influx from the United States - $3.9 billion has arrived in the treasury account. I am grateful to our partners for their support. We are also working with the European Union to receive about EUR 4 billion of aid that Ukraine needs in August," the president concluded.

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