Sunak: The West should confiscate the frozen Russian assets

"Western countries must be bolder in confiscating Russian assets that have been frozen since the full-scale invasion of the Russian military in Ukraine in 2022."

British Prime Minister Rishi Sunak said this, adding that Ukraine continues to need more long-range weapons, drones and ammunition, as well as other aid, US News reported.

"We must be bolder in striking the Russian military economy and we must be bolder in seizing the hundreds of billions of frozen Russian assets," the British prime minister said.

Last month, British Investment Secretary Dominic Johnson met with US Deputy Treasury Secretary Wally Adeyemo to discuss the seizure of frozen Russian assets, but stressed that this must be done in accordance with international law.

The EU, US, Japan and Canada froze about $300 billion worth of Russian central bank assets in 2022 when Russia invaded Ukraine.

G7 countries are exploring the possibility of seizing assets as a way to make Russia pay for the damage its invasion of Ukraine has caused.

Sunak called on the US to continue providing financial and military support to Kyiv.

"We should never underestimate what America has done for Ukraine and for Euro-Atlantic security. I urge them to continue this support and I am confident they will," he said.

On February 24, the British Ministry of Defense announced aid in the amount of 311 million dollars to finance Ukrainian artillery ammunition./BGNES