EU ambassadors agree on proposal to seize revenue from frozen Russian assets

EU ambassadors agree on proposal to seize revenue from frozen Russian assets
# 30 January 2024 03:29 (UTC +04:00)

EU ambassadors have tentatively endorsed the European Commission’s proposal to use revenue from frozen Russian assets for "Ukraine’s reconstruction," the Belgian presidency of the European Council said, APA reports.

"EU Ambassadors just agreed in principle on a proposal on the use of windfall profits related to immobilised assets to support Ukraine’s reconstruction," the Belgian presidency said on X.

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THE OPERATION IS BEING PERFORMED