Coalition of the Willing expects swift decision on funding Ukraine using Russian assets

The Coalition of the Willing is seeking a rapid decision on securing long-term financing for Ukraine, particularly on the basis of the full value of frozen Russian assets.

Source: final statement following the Coalition of the Willing's online meeting on 25 November, as reported by European Pravda

Details: The Coalition of the Willing stated that swift decision-making to secure long-term financing for Ukraine, including through the use of the full value of immobilised Russian sovereign assets, will be critically important.

Leaders of member states also confirmed their intention to continue strengthening their financial and military support for Ukraine and increasing pressure on Russia and its war machine for as long as Russia refuses to move towards a just and lasting peace.

The virtual meeting on 25 November, attended by representatives of 35 countries, was co-chaired by French President Emmanuel Macron, UK Prime Minister Keir Starmer and German Chancellor Friedrich Merz.

US Secretary of State Marco Rubio was also present.

Background:

• France and the United Kingdom agreed to establish a working group as early as 26 November to prepare security guarantees for Ukraine within the Coalition of the Willing, with the involvement of the United States and Türkiye.
• The Coalition also agreed to make progress in the coming days on two issues: frozen Russian assets and security guarantees for Ukraine.

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