Belgian Prime Minister Alexandre de Kroh has announced the creation of a €1.7bn aid fund for Ukraine using the proceeds of frozen Russian assets.
RIA Novosti reported.
“We will create a fund totalling €1.7bn. This fund will be financed by billions of Russian assets that have been frozen in Belgium. Belgium has a system of taxation of income from frozen assets,” the prime minister said.
According to him, 100 per cent of the taxes received from the income should be transferred to Ukraine.
Earlier, US Secretary of State Anthony Blinken said that the USA was studying legal options to use Russian frozen assets to help Ukraine.
On 21 June, the head of the Russian Central Bank, Elvira Nabiullina, said that the Central Bank was developing options for unblocking frozen assets of Russians through a redemption scheme on C-type accounts.
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