US Secretary of State Antony Blinken announced at a briefing that the United States and the European Union are ready to transfer $50 billion seized from frozen Russian assets to Ukraine in the coming weeks. These funds should become an important source of financing for the Ukrainian economy and defense in 2025.
"We are working to ensure that the $50 billion frozen by Russia is quickly channeled to support Ukraine. This money will be coming from us and our European allies in the coming weeks," Blinken said.
The Secretary of State emphasized that Ukraine's international partners continue efforts to provide the country with all the necessary resources to confront Russia. According to him, the funding will be directed not only at economic stability, but also at purchasing military materials that are critical for the Ukrainian Armed Forces.
"Ammunition, air defense systems, missiles, armored vehicles — all of this must be available to Ukrainian forces for a long period of time. The United States and its allies are doing everything possible to ensure this," — Blinken noted, adding that the support plan has already been agreed upon at the highest level.
The program for distributing the funds envisages that a significant portion will be used to strengthen Ukraine's defense capabilities, and the rest will be used to restore damaged infrastructure and support basic government functions.
Moscow has not yet commented on such actions by the United States.