Using Frozen Russian Assets to Help Ukraine Will Happen ‘One Way or Another’: Blinken

World leaders weigh liquidating frozen Russian assets to assist Kyiv.
Using Frozen Russian Assets to Help Ukraine Will Happen ‘One Way or Another’: Blinken
US Secretary of State Antony Blinken gives a press conference on the last day of the G7 foreign ministers meeting on the island of Capri, on April 19, 2024. Tiziana FABI / AFP
Andrew Moran
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Members of the Group of Seven (G7) have discussed using seized Russian assets to help rebuild Ukraine’s infrastructure, which would be a “critical” tool following Moscow’s invasion, according to U.S. Secretary of State Antony Blinken on Friday.

While speaking to reporters at a G7 meeting of foreign ministers in Italy, Mr. Blinken confirmed that the subject of Russia’s assets has been on the agenda. Officials are working toward solutions that are consistent with international law.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."