US Appeals to France for Assistance Utilizing Russian Assets in Support of Ukraine 2024

US Seeks France Help For Ukraine Aid

According to a different report, US Treasury Secretary Janet Yellen has engaged with France Finance Minister Bruno Le Maire to explore avenues for utilizing the frozen assets of the Russian Federation to provide support for Ukraine. This discussion is occurring in anticipation of the forthcoming G7 leaders’ summit scheduled for June, where the fate of these assets is slated to be a key agenda item.

US Appeals to France

Following a public disagreement between French Finance Minister Bruno Le Maire and US Treasury Secretary Janet Yellen regarding the legality of converting frozen Russian assets into funds, Yellen’s request for assistance came in its aftermath.

Despite this disagreement, the US, along with its allies, remains steadfast in its commitment to exploring avenues to leverage these assets while ensuring compliance with legal frameworks.

Russian billionaire Andrey Melnichenko initiates a renewed challenge against Canadian sanctions listing following removal of his wife.

Bruno Le Maire’s recent public statement expressing opposition to Yellen’s approach highlights a notable division within the G7 nations on this matter, underscoring the complexity of the discussions surrounding the disposition of frozen Russian assets.

Navigating International Diplomacy

During their recent summit on February 24, G7 leaders reached a consensus to extend the freeze on assets held by the Russian Central Bank within their respective territories until the cessation of Russia’s aggressive actions against Ukraine.

5 convicts acquainted with Navalny’s prison, corroborate the horrible conditions

Additionally, on February 12, the Council of the European Union took steps forward in developing a mechanism aimed at leveraging surplus profits from these frozen assets within the EU to benefit Ukraine.

Yellen emphasizes the critical importance of finding a means to utilize the $282 billion in frozen Russian assets to support Ukraine. However, she underscores that this pursuit should not divert attention from the pressing need for immediate financial aid that Ukraine urgently requires and which has faced delays in Congress.


Azur is a tenacious investigative journalist with a decade of experience uncovering wrongdoing. His fearless pursuit of the truth has led him to expose corporate corruption, environmental scandals, and political malfeasance.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button