Ukraine receives first £752 million from the UK from frozen assets of the russian federation
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07 Mar 2025
“Today we have received 752 million pounds under the G7 ERA initiative. The funds will be used to strengthen Ukraine's defense capabilities,” wrote Denys Shmyhal.
He thanked the UK government and G7 partners "for the mechanism that makes russian funds work for Ukraine."
The Government of Ukraine expects that all sovereign assets of the russian federation will be confiscated in the future and transferred to the state, the Prime Minister said.