The U.S. plans to transfer around $300 billion of frozen Russian assets to a special account for Ukraine.

Assistants to U.S. President Joe Biden are urging European partners to support the transfer of approximately $300 billion of frozen Russian funds to a special deposit account that will only be unlocked as part of a peace agreement. These funds were frozen following Russia's full-scale invasion of Ukraine. This was reported by CNN, citing two senior officials from the Biden administration.

Media reports indicate that Biden's team has been closely consulting with the national security team of newly elected President Donald Trump, including Senator Marco Rubio, who has been appointed as Secretary of State, and Congressman Mike Waltz, who has been elected as National Security Advisor.

It is noted that Trump's team, according to sources familiar with the matter, generally supports this strategy, believing that the confiscated funds could provide Russia with an incentive to come to the negotiating table.

However, as reported by CNN, Europeans are expressing concerns about a potential violation of international law if banks were to seize Russian funds directly.

As previously reported by Judicial and Legal Newspaper, the head of the Budget Committee of the Verkhovna Rada, Roksolana Pidlasa, stated that the majority of the assets of the Russian Central Bank, which are held in various financial and banking institutions, amounting to about 210 out of 260 billion euros, are frozen in EU countries. Specifically, ¾ of these funds are frozen in Belgium at the Euroclear central securities depository.

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