Sunak: The West should be bolder in confiscating Russian assets

Rishi Sunak / Photo EPA-EFE/ANDY RAIN

The West should be bolder in confiscating Russian assets frozen after the Russian invasion of Ukraine in 2022, British Prime Minister Rishi Sunak said today.

Speaking to the Sunday Times on the two-year anniversary of the conflict, Sunak says Ukraine still needs long-range weapons, drones and ammunition and other aid.

"We must approach the attack on the Russian military economy more boldly. "We must be bolder in seizing hundreds of billions in frozen Russian assets," he said.

G7: We will continue to increase the "cost of Russian war"

Last month, British Investments Minister Dominic Johnson met with US Deputy Treasury Secretary Wally Adeyemo. The meeting discussed the seizure of frozen Russian assets, stressing that this should be done in accordance with international law.

The European Union, the United States, Japan and Canada froze about $300 billion of Russian Central Bank assets in 2022 when the invasion of Ukraine began.

Sunak also urged the US to continue providing financial and military support to Ukraine.

"We should never underestimate what America has done so far for Ukraine and Euro-Atlantic security. I call on them to continue this support and I am convinced that they will do it," says Sunak.

"Ukraine is at risk of disaster by the end of March due to lack of weapons and troops," a new US assessment published

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