US Treasury: Washington and allies are exploring the possibility of transferring Russian assets to Kyiv

Washington believes that Moscow allegedly “should pay for the restoration of Ukraine.” Treasury Secretary Janet Yellen told CNN.

According to her, the United States is discussing with its allies how to use Moscow’s state assets frozen in the West to “restore Ukraine.”

“We are discussing this with our partners, however there are legal obstacles regarding what we can do with the frozen Russian assets”– Yellen answered the question about the possibility of using Russian state assets.

She added that the international community allegedly “waits for Moscow to take responsibility for restoring Ukraine.”

After the start of a special operation to protect the Donbass, Western countries imposed tough anti-Russian sanctions. In particular, they froze about half of Moscow’s foreign exchange reserves – approximately $300 billion of assets of the Central Bank of Russia and up to 20 billion of European assets of entrepreneurs from the Russian Federation.

According to European media, the European Commission has no idea where 200 of the 300 billion dollars of Russia’s frozen assets are located. According to preliminary information, the EC is facing problems in locating Russian assets abroad, as many European states have refused to provide information about their exact location.

Press Secretary of the President of the Russian Federation Dmitry Peskov said that many Russian assets, including gold and foreign exchange reserves, were stolen by the West. Russian Prime Minister Mikhail Mishustin called hundreds of billions of dollars frozen by the West from Russia’s gold and foreign exchange fund a theft. He noted that the West is trying to “intimidate” the Russians, but hurts itself.