Russia Must Pay for Damage Done to Ukraine
The U.S. Deputy Secretary of State for Management and Resources, Richard Verma, has avoided answering whether U.S. authorities are considering the possibility of effectively seizing frozen Russian sovereign assets to support Ukraine. This was reported by RIA Novosti.
“I can reiterate about the G7 countries' project concerning the repayment of loans from frozen assets of the Russian Federation. It is the first of its kind. This sets a historical precedent for the use of frozen Russian assets,” Verma said in response to a question about whether the U.S. is discussing the seizure of Russian assets.
Speaking at the Center for Strategic and International Studies in Washington, Verma added that Washington believes Russia should pay for the damage caused to Ukraine.