According to the State Property Fund, information on Ukraine’s lost Soviet heritage sites is currently being collected with the help of the Ministry of Foreign Affairs.
Almost 33 years after the collapse of the USSR, Ukraine decided to return its share of the Soviet legacy to assets abroad. These assets were misused by Russia following the end of the Soviet Union in 1991. The State Property Fund (SPF) and the Ministry of Foreign Affairs of Ukraine will work jointly to resolve this issue. The press service of the State Property Fund reported this on February 7.
So, according to the head of the Fund, Vitaly Koval, in the case of privatization of such objects, the Armed Forces of Ukraine will receive an additional source of support. SPFU is ready to work on privatization, so now the Fund and the Ministry of Foreign Affairs are creating a joint working group on foreign assets.
“We will work together to return property unfairly and illegally seized by Russia after the collapse of the USSR. The State Property Fund is ready to privatize such objects because they can become one of the sources of Ukraine’s internal reserve for support” The message reads “Armed Forces of Ukraine ” it said.
Seizure of Russian assets due to war against Ukraine
As Bloomberg reported on January 23, EU foreign ministers agreed to impose a tax on unexpected income from frozen assets of the Russian Federation. Ukraine’s allies agree that Moscow must repair damage sustained during the war. The European Union, G7 countries and Australia decided to freeze approximately 260 billion euros ($283 billion) of assets of the Central Bank of Russia in the form of securities and cash.
Meanwhile, the Ukrainian Ministry of Foreign Affairs says that the decision on the seizure of Russian assets will be made in 2024. The head of the department, Dmitry Kuleba, said that it is possible to transfer the frozen assets of the Russian Federation to Ukraine not completely, but piecemeal, but the first results should be obtained in the near future.
Important
At the same time, EU countries fear that Russia will react in favor of Ukraine to the seizure of foreign assets. Thus, according to Politico, Moscow can launch large-scale cyber attacks against Western countries.
We also recall that Ukraine recently decided to nationalize the oil and gas assets of the sanctioned Russian oligarch Eduard Khudainatov, worth half a billion hryvnias.
Source: Focus
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