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Shmyhal discusses mechanisms of Russian assets’ confiscation with British Foreign Secretary

The diplomats analysed the creation of a special international group with the participation of Ukraine, which will develop legal ways to confiscate frozen Russian assets. 

Shmyhal discusses mechanisms of Russian assets’ confiscation with British Foreign Secretary
Denys Shmyhal
Photo: Denys Shmyhal/Telegram

Prime Minister of Ukraine Denys Shmyhal discussed mechanisms for confiscating Russian assets with British Foreign Secretary David Cameron during a telephone conversation. Denys Shmyhal reported this on Telegram.

The head of the Ukrainian government held a conversation with British Foreign Secretary David Cameron. 

During the meeting, the diplomats discussed the escalation of Russia's attacks on civilian infrastructure and the assistance Ukraine needs. In particular, the mechanisms that will make Russia pay for its crimes and destruction, namely the confiscation of frozen Russian assets.

They raised the issue of creating a special international group with the participation of Ukraine, which will develop the legal ways necessary for confiscation. 

"Ukraine has already submitted its proposals. The International Register of Damages has been created. Next, we propose to establish an International Compensation Commission and a compensation fund. Our position is unequivocal: all frozen assets of Russia should be used for the needs of our country," he said.

Shmyhal thanked the UK for the significant amount of assistance provided and for signing a security agreement with Ukraine. 

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