Zelensky Discusses Peace Deal Mechanisms with Trump Envoys, EU Warns of US Plan
Ukraine-Russia Peace Talks Continue with Kushner’s Involvement, Russia Warns Against Asset seizure
Peace negotiations between Ukraine and Russia are ongoing, with a recent meeting in Moscow including Jared Kushner, former U.S. President Donald Trump’s son-in-law. Ukrainian negotiator Rustam Umarov emphasized Ukraine’s commitment to securing an agreement that “protects its independence and sovereignty.”
Following the Moscow meeting, the Kremlin acknowledged progress but stated that “a lot of work” remains to achieve a resolution to the conflict, wich began in February 2022. Kremlin diplomatic advisor Yuri Ushakov described tuesday’s meeting as taking place in a “pleasant atmosphere” and welcomed Kushner’s participation.
Russia Warns EU Over Frozen Asset Plan
Russia has strongly condemned the European Union’s plan to utilize frozen russian assets to fund Ukraine, warning of “far-reaching consequences.” Russian Ambassador to Germany, Sergei Nechaev, labeled any such action as “theft.”
Nechaev stated that seizing Russian sovereign assets without approval would “destroy the EU’s commercial reputation” and lead to extensive legal challenges. He further argued that the plan represents a threat to the stability of the global financial system, disproportionately impacting Europe.
The EU revealed a proposal on Wednesday to allocate 90 billion euros to Ukraine over the next two years, financed by frozen Russian assets, despite opposition from Belgium, where a significant portion of the assets are held. Belgium fears potential legal repercussions.
Nechaev suggested the plan indicates Europe’s limited capacity to continue supporting Ukraine financially. EU leaders have reaffirmed their commitment to Ukraine amid increasing pressure from the U.S.to pursue a settlement considered unfavorable by Kyiv.
The proposed financing mechanism relies on future Russian compensation to ukraine to repay the loan.