US wants to unlock some Russian assets and place them under its control
The US has reportedly proposed that European countries unlock part of Russia's sovereign assets and transfer them to a body controlled by Washington. The aim is to restart peace talks with Russia, the Financial Times reports.
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The United States has proposed that European countries unblock part of Russia's sovereign assets, meaning state-owned funds that are currently frozen abroad. The funds would be transferred to a structure under Washington's control. The British newspaper the Financial Times reports this, citing four people familiar with the matter.
According to the paper, the purpose of the proposal is to restart peace talks with Russia, which concern ending the war in Ukraine.
The source gives no further details on which European countries received the proposal, how large the assets involved are, or how the new structure would work. No official comment from the US or European side is mentioned.
