🔗 Share this article Britain Set to Utilize Seized Russia's Funds to Support Ukraine's Defense The UK is set to progress with using the entire amount of frozen Russia's assets to support the Ukrainian war effort, Leader Sir Keir Starmer has announced. In a joint statement, the officials of the United Kingdom, France, and Germany asserted that this joint measure would heighten pressure on Russia's leader Vladimir Putin and persuade the Russian Federation to come to the table. They clarified that the decision would be implemented in close cooperation with the United States. British sanctions have immobilized in excess of £25bn of Russia's assets since Moscow initiated its comprehensive attack against Ukraine in 2022. However, until now, funds sent to Ukraine using Russia's holdings had only been taken from profits and interest generated on them. Sir Keir assured Ukrainian President Volodymyr Zelensky that the Britain, France, and the Federal Republic of Germany were aligned in their goal to push forward toward employing the full value of the seized Russian sovereign assets to halt hostilities. He added that more restrictions over the next period would heighten the tension on Moscow. This declaration comes after European leaders met in Copenhagen previously to consider employing immobilized Russia's assets for a €140 billion loan to the Ukrainian nation. Last month, President Donald Trump called on Group of Seven partners to seize or employ seized Russia's holdings, as reported by news outlets. The worth of frozen Russian holdings in the European Union is calculated to be almost €211bn. Leader Zelensky encourages UK's Sir Keir Starmer to participate in the PURL initiative The Russian government carried out widespread aerial attacks across Ukraine on recently, causing blackouts in many areas of Ukraine's capital, Kyiv, and eight other regions. A pair of individuals were killed and no fewer than 20 people were injured in the attack, the Ukrainian government said. In a post on X subsequent to the attack, Zelensky commented that the strategic strike focused on civilian and energy infrastructure. "What's needed is not mere statements but concrete steps - from the America, Europe, and the Group of Seven - in providing anti-aircraft weapons and implementing penalties," he wrote. "Every sanction decision diminishes Moscow's military apparatus," Zelensky noted, in a additional update. Additionally that day, Zelensky told the press he would press Sir Keir to enter the weapons procurement programme, under which partner nations buy military equipment from the US to give to Ukraine. While praising the Britain's firm backing for Ukraine, he noted it should demonstrate clearly that it would take part in the system, as well as apply more measures on Russia. Major Russian Strikes Disrupt Electricity in the Capital and Across Ukraine Ukraine War France Federal Republic of Germany Russian Federation Ukraine