Estonia finds solution for forwarding frozen Russian assets to Ukraine

Estonia finds solution for forwarding frozen Russian assets to Ukraine

Ukrinform
The government of Estonia approved the principles of utilizing frozen Russian assets to support Ukraine. Thus, Estonia became the first European nation to develop such a legal solution.

This was reported by Estonia’s national broadcaster ERR with reference to the head of the Ministry of Foreign Affairs, Margus Tsakhkna, Ukrinform saw.

"The European Union is working on finding this legal option, but we have prepared a legal solution through which we can use frozen assets of Russia, an aggressor state, as compensation for the needs of Ukraine's recovery," Tsakhna said.

Read also: Moscow warns Ottawa of "collapse" of diplomatic relations due Russian plane seizure

According to the top diplomat, the Ministry of Foreign Affairs will submit to the government a draft of the corresponding amendment to the law in the near future.

As Ukrinform reported earlier, Ukrainian President Volodymyr Zelensky thanked U.S. senators for filing a bill on the transfer of seized Russian assets to Ukraine.

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