United States to transfer assets of Russian oligarchs to Ukraine for the first time

Antony Blinken, U.S. Secretary of State

© APA | Antony Blinken, U.S. Secretary of State

# 07 September 2023 10:27 (UTC +04:00)

The United States will soon, for the first time, transfer assets confiscated from Russian oligarchs to Ukraine, announces U.S. Secretary of State Antony Blinken during the press conference, APA reports citing RBC Ukraine.

"Beyond Ukraine’s security needs, for the first time we are transferring to Ukraine assets seized from sanctioned Russian oligarchs, which will now be used to support Ukrainian military veterans.," said U.S. Secretary of State Antony Blinken.

This concerns US$5.4 million to be directed to the support and rehabilitation of veterans.

These funds are being sent to Ukraine as part of the aid package announced by Blinken worth more than US$1 billion.

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