🔗 Share this article Britain Set to Employ Seized Russia's Assets to Fund Ukraine's War Effort The United Kingdom is ready to advance with employing the entire amount of immobilized Russian assets to aid the Ukrainian war effort, PM Sir Keir Starmer has declared. In a shared declaration, the leaders of the United Kingdom, France, and the Federal Republic of Germany asserted that this unified step would heighten pressure on Russian President Vladimir Putin and persuade Russia to engage in negotiations. They clarified that the decision would be executed in tight collaboration with the America. British restrictions have blocked in excess of £25bn of Russia's resources since Moscow launched its full-scale invasion against the Ukrainian nation in 2022. However, until now, resources allocated to Ukraine using Russian holdings had exclusively been sourced from profits and interest generated on them. Sir Keir informed President Volodymyr Zelensky that the UK, the French Republic, and Germany were aligned in their desire to push forward toward utilizing the complete amount of the immobilized Russian sovereign assets to end the war. He added that more sanctions in the coming days and weeks would increase the strain on Russia. This announcement follows EU leaders met in the Danish capital previously to debate employing immobilized Russian funds for a €140 billion financial aid to Ukraine. Last month, American leader Donald Trump urged G7 allies to seize or employ seized Russia's funds, as reported by news outlets. The total of seized Russia's funds in the Europe is estimated to be approximately €211bn. Leader Zelensky calls on Britain's Sir Keir Starmer to join the weapons procurement programme Russia carried out large-scale missile and drone strikes all over the Ukrainian territory on that day, causing electricity outages in large parts of Ukraine's capital, Kyiv, and several other zones. Several persons were killed and a minimum of 20 people were wounded in the assault, Ukrainian officials said. In a post on an online platform after the incident, Zelensky stated that the premeditated assault aimed at non-military and power facilities. "What's needed is not empty words but concrete steps - from the United States, the European Union, and the seven nations - in delivering defense mechanisms and applying sanctions," he stated. "Each restrictive measure diminishes the Russian war effort," Zelensky declared, in a additional update. Also on Friday, Zelensky informed the press he would press Sir Keir to participate in the weapons procurement program, under which alliance members acquire weapons from the US to provide to the Ukrainian forces. While applauding the UK's firm backing for Ukraine, he said it should indicate firmly that it would engage in the initiative, as well as impose more sanctions on the Russian Federation. Significant Attacks Disrupt Electricity in Kyiv and Throughout the Nation War in Ukraine French Republic Germany Russia Ukraine