US Reportedly Floated Partial Release of Frozen Russian Assets
The proposal was raised in Miami talks aimed at reviving peace negotiations, but European representatives reportedly rejected it.
Key takeaways
- The US reportedly proposed partially releasing frozen Russian assets to revive peace talks.
- European representatives reportedly rejected proposals that included placing assets in a US-supervised financial structure.
The US proposed that European countries partially release frozen Russian assets to help revive peace talks between Ukraine and Russia, the Financial Times reported, citing four sources. The suggestion was made at a meeting in Miami last week with US, Ukrainian, European and NATO officials.
US special envoy Steve Witkoff and Jared Kushner presented several options, including moving the assets into a new financial structure under US oversight, the sources told the newspaper. European representatives rejected the proposal, according to the report.
A US official told the newspaper that use of the frozen assets was being considered as part of a comprehensive peace agreement. The official said the mechanisms for releasing the funds and deciding how to spend them were still under review.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
