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UK Foreign Secretary calls for "creativity" in using Russian assets to aid Ukraine

Thursday, 18 April 2024, 21:04
UK Foreign Secretary calls for creativity in using Russian assets to aid Ukraine
UK Foreign Secretary David Cameron. Photo: Getty Images

UK Foreign Secretary David Cameron has called for a "creative" approach to using frozen Russian assets to aid Ukraine, following a meeting of G7 foreign ministers on the Italian island of Capri on 18 April.

Source: AFP citing Cameron, as reported by European Pravda

Details: While talking with journalists, Cameron said Western countries had to find ways of using Russian assets to aid Ukraine and have reached a consensus on how to do so.


Quote: "I'm in no doubt we will find a way, but we're going to have to be creative, we'll have to be flexible."


  • Cameron’s remarks came amid growing calls in the US and Europe to set up a fund for Ukraine using billions of dollars of Russian assets frozen by the West following Russia's full-scale invasion of Ukraine in 2022.
  • Cameron was the first to openly suggest using these assets as a loan for Kyiv.
  • The European Union is currently developing a plan to use a percentage of the income from Russian assets, but some countries, such as Poland and Estonia, believe that the West should use all frozen Russian assets.

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