🔗 Share this article Britain Prepared to Use Immobilized Russian Assets to Support the Ukrainian War Effort The United Kingdom is prepared to move forward with utilizing the full worth of immobilized Russian assets to support the Ukrainian military campaign, PM Sir Keir Starmer has stated. In a collective announcement, the heads of state of the United Kingdom, the French Republic, and the Federal Republic of Germany asserted that this joint measure would increase strain on Russian President Vladimir Putin and urge the Russian Federation to engage in negotiations. They clarified that the move would be executed in tight collaboration with the America. British penalties have frozen over £25bn of Russian funds since Moscow initiated its comprehensive attack against Ukraine in 2022. However, until now, resources provided to the Ukrainian government using Russia's holdings had exclusively been drawn from gains and dividends earned on them. Sir Keir assured Ukraine's leader Volodymyr Zelensky that the Britain, France, and the Federal Republic of Germany were in agreement in their desire to push forward toward employing the total worth of the immobilized Russia's state funds to conclude the conflict. He added that further sanctions over the next period would apply more pressure on Moscow. This announcement comes after European leaders gathered in the Danish capital previously to consider using immobilized Russian holdings for a €140 billion credit to Ukraine. In the previous month, President Donald Trump called on G7 allies to take or otherwise use seized Russian funds, according to reports. The worth of immobilized Russian holdings in the EU is assessed to be almost €211bn. President Zelensky urges Britain's Sir Keir Starmer to participate in the weapons procurement program Moscow executed large-scale bombardments throughout the Ukrainian territory on that day, resulting in power cuts in significant regions of Ukraine's capital, the city, and several other zones. Two people were lost their lives and at least 20 people were wounded in the attack, the Ukrainian government said. In a update on X following the strike, Zelensky commented that the strategic strike targeted civilian and energy infrastructure. "What is required is not empty words but concrete steps - from the America, the European Union, and the seven nations - in providing anti-aircraft weapons and enforcing restrictions," he stated. "Every sanction decision weakens Moscow's military apparatus," Zelensky wrote, in a different message. In the same period, Zelensky stated to reporters he would press Sir Keir to join the PURL programme, under which partner nations purchase military equipment from the United States to donate to the Ukrainian forces. While applauding the United Kingdom's consistent assistance for the Ukrainian government, he remarked it should demonstrate clearly that it would participate in the system, as well as enforce more restrictions on Russia. Significant Attacks Disrupt Electricity in Kyiv and Across Ukraine Conflict in Ukraine France Germany Russian Federation Ukrainian Nation