Britain is ready to lend Ukraine all frozen assets of the russian central bank as a guarantee of reparations

Britain is ready to lend Ukraine all the frozen assets of the russian central bank in the country on the grounds that russia will be forced to pay Kyiv reparations after the war. This was stated by British Foreign Secretary David Cameron.

"There is an opportunity to use something like a syndicated loan or bond that actually uses frozen russian assets as a guarantee to provide this money to the Ukrainians, knowing that we will reimburse them when russia pays reparations. This may be the best way to do it. We want to maximize the unity of the G7 and the EU on this issue, but if there is not, we will have to move forward with allies who want to take such measures," the minister said.

According to him, the assets will be used as a guarantee of reparations. Cameron said he did not believe that the bond plan would in any way undermine the reputation of the City of London.

Source: The Guardian