Volodymyr Zelenskyy and Charles Michel Discussed Ways to Expedite the Decision on Use of Proceeds from Frozen Russian Assets

• Home
• News
• Current events

[Link]

President of Ukraine Volodymyr Zelenskyy met with President of the European Council Charles Michel.

The Ukrainian leader thanked Charles Michel for his efforts and leadership in supporting Ukraine.

"I think that with your support, our path to the EU will be faster. There will be challenges. But in any case, we see this light in the near future," the President of Ukraine said.

The meeting focused on the use of proceeds from frozen Russian assets for Ukraine's needs and on the steps required to implement the relevant decision as soon as possible.

Volodymyr Zelenskyy thanked for the first tranche of EUR 1.5 billion, which was received from the proceeds of Russian assets.

In addition, the parties discussed in detail the situation on the frontline, military needs, steps required to strengthen Ukraine's resilience and defense capabilities, and the implementation of the Joint Security Commitments between Ukraine and the EU. In particular, they talked about the full use of the resources from the European Peace Facility and the Ukraine Assistance Fund to support Ukrainian defenders.

Special attention was paid to maintaining sanctions pressure on Russia and preventing any attempts to circumvent those sanctions.