Poland calls on the bloc countries to agree on an appropriate mechanism.
The European Union is discussing how to remove Russian assets and direct these funds to Ukraine. In particular, Poland calls on the Allies to agree on an appropriate mechanism at EU level. According to the Financial Times, this was stated by Polish Deputy Foreign Minister Pavel Jablonski. affordable for the reconstruction of Ukraine. ”
“ We believe that a political decision must be made, that we want to go in this direction, and that we are ready to confiscate these assets forever. How to do it – we are open to discussion, “- said Jablonski.
EU officials have already said there are significant legal obstacles to seizing assets in the bloc. In particular, strict guarantees and requirements for due process, which, in turn, complicates the confiscation of property outside of criminal cases.
Some lawyers also warn that oversimplifying the arrest procedure risks setting a dangerous precedent and jeopardizing property rights.
attention in the EU, where Poland is the biggest supporter of this idea.
In addition to the EU, similar ideas are being discussed in the United States. A group of senators, including Sheldon Whitehouse of the Democratic Party and Lindsey Graham of the Republican Party, are pushing for a law that could expand the confiscation of Russian assets to finance Ukraine's reconstruction. However, oligarchs' assets alone can provide little part for the restoration of Ukraine. For some experts, the Central Bank's reserves, which were frozen last month, are a more promising goal.
There are few precedents for such steps, but lawyers point to the US decision to allocate $ 3.5 billion in frozen assets of the Afghan Central Bank for humanitarian aid.
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Earlier it was reported that the Canadian government wants to allow the confiscation of frozen Russian assets in favor of Ukraine. This was stated by Canadian Foreign Minister Melanie Jolie. Canada may be the first G7 country to make such a decision.
The US Congress has also registered a bill on the Ukraine Sovereignty Act 2022 . Some media outlets were quick to report optimistically that the law would transfer Russian assets blocked by the United States to Ukrainians affected by Russia's war against Ukraine.
But what the content of the document really shows, read in the text by Sergei Kozyakov “Will Ukraine get Russian assets frozen by America?”.
