According to the Minister of Justice, discussions on the use of Russian assets are still ongoing, but the final decision should be made in two months.
The head of the Ministry of Justice of Ukraine Denis Malyuska said that the fate of frozen Russian assets will be decided at the summit of G7 leaders, which will be held in Italy in June. He added that there are at least three scenarios for the development of events: “super-optimistic”, neutral and pessimistic.
The minister spoke about this on air at the United News telethon.
“In mid-June, June 13-15, to be precise, a summit will take place in Italy at the level of the leaders of the G7 countries, where, in fact, one of the items discussed will be the fate of frozen assets… The discussion will end approximately by the end of May, some kind of compromise will be reached, which will then be formalized by an informal decision of the G7 countries, which they will then implement in each country,” explained the head of the Ministry of Justice.
According to him, discussions on the future fate of Russian assets are still ongoing, and many options for their use are proposed.
“The United States has shown a good example with its law that legally it is legal, it can be done, it should be done. But the key decision will be collective, and will be announced in Italy,” noted Malyuska.
The minister spoke about three possible scenarios:
- Super optimistic – complete and final confiscation of assets in favor of Ukraine.
- Neutral – withdrawal of income under a certain loan so that such income (for example, accrued 10 years in advance) is paid in one tranche now.
- Pessimistic – Ukraine will receive only current income from Russian assets.
“In a pessimistic scenario, this is a maximum of 5 billion euros per year, but I think it could be even less… Our task is, of course, to move and ask our partners to choose the most optimistic, most radical scenario of complete confiscation Therefore, mid-June is a decisive period, largely important for Ukraine,” Denis Malyuska emphasized.
Recall that the United States may refuse to confiscate Russian assets. Washington is consulting on this issue with the G7 countries and the European Union.
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