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Britain, France, Germany move closer to giving Russian assets to Ukraine
Published by Global Banking & Finance Review®
Posted on October 10, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 10, 2025
1 min readLast updated: January 21, 2026
Britain, France, and Germany plan to use Russian assets to support Ukraine's military, coordinating with the US. They also welcomed a Gaza ceasefire.
BERLIN (Reuters) -The leaders of Britain, France and Germany said on Friday they had agreed in a phone call to move towards using the value of immobilised Russian assets to support Ukraine's armed forces.
In a statement published by the German government, the E3 leaders said they would do this in cooperation with the United States.
"We are ready to progress towards using, in a coordinated way, the value of the immobilised Russian sovereign assets to support Ukraine’s armed forces and thus bring Russia to the negotiation table," read the statement by Britain's Prime Minister Keir Starmer, France's President Emmanuel Macron and Germany's Chancellor Friedrich Merz.
"We aim to do this in close cooperation with the United States of America," they added.
The statement added that they welcomed the Gaza ceasefire agreement, pledging to resume humanitarian aid as soon as the ceasefire took hold.
(Reporting by Thomas Escritt, Editing by Louise Heavens)
Humanitarian aid refers to assistance provided for humanitarian purposes, typically in response to crises such as natural disasters or conflicts, aimed at saving lives, alleviating suffering, and maintaining human dignity.
International organizations are entities established by multiple countries to promote cooperation and coordination on various issues, including economic development, humanitarian aid, and peacekeeping.
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