Ukraine is working with partners to implement the Group of Seven's decision to use frozen Russian assets.
This was announced by President Volodymyr Zelenskyy in his evening video address on 5 August.
"We discussed some important practical details today regarding the use of Russian assets frozen by our partners. There is a G7 decision on $50 billion for Ukraine from the use of Russian assets, and we are now working with our partners in Europe and America on concrete implementation," the head of state said.Zelenskyy added that he and the government "have coordinated our position today on how to approach the actual receipt of funds".
"This is something that is critical for Ukraine and can strengthen us in this particular fall and winter season," Zelenskyy said.
He noted the receipt of $3.9 billion in aid from the United States and said that work was underway with the EU to receive about €4 billion in aid this month.