Skip to main content
Tags: ukraine | russian assets | liz truss | uk | invasion

British Foreign Secretary Weighs Giving Frozen Russian Assets to Ukraine

Liz Truss walking
British Foreign Secretary Liz Truss (Carl Court/Getty Images)

By    |   Sunday, 03 July 2022 10:03 PM EDT

British Foreign Secretary Liz Truss is supportive of an initiative to redistribute frozen Russian assets to victims of the invasion of Ukraine, The Guardian reported on Sunday.

The report comes as Truss is scheduled to give a speech on Monday to a Ukraine reconstruction conference in Lugano, Switzerland, in which she is expected to claim that the U.K. will position itself as Kyiv's main partner in the recovery process.

According to The Guardian, Truss has told members of Parliament: "I am supportive of the concept. We are looking at it very closely. The Canadians have in fact just passed legislation. This is an issue that we are working on jointly with the Home Office and the Treasury, but I certainly agree with the concept. We just need to get the specifics of it right."

She added that such a plan would "most probably" need legislation but not necessarily.

More than 120,000 homes in Ukraine have been destroyed during the Russian invasion, creating the need for billions of dollars in funds to help restore the nation, experts estimate, according to The Guardian.

In addition, some 6.4 million Ukrainians have left the country, while an additional 6 million to 7 million citizens have fled their homes and relocated to western parts of the nation.

Brian Freeman

Brian Freeman, a Newsmax writer based in Israel, has more than three decades writing and editing about culture and politics for newspapers, online and television.

© 2024 Newsmax. All rights reserved.


Newsfront
British Foreign Secretary Liz Truss is supportive of an initiative to redistribute frozen Russian assets to victims of the invasion of Ukraine, The Guardian reported on Sunday.
ukraine, russian assets, liz truss, uk, invasion
212
2022-03-03
Sunday, 03 July 2022 10:03 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved