US proposes G7 explore ways to confiscate $300 billion in Russian assets
USA
28 December, 2023, 11:35 am
Last modified: 28 December, 2023, 11:39 am
An official adjusts the flags before G7 foreign ministers gather for a family photo during their meetings in Tokyo, Japan, November 8, 2023. REUTERS/Jonathan Ernst/Pool/File Photo
The United States has proposed that working groups from G7 countries explore ways to seize $300 billion in frozen Russian assets, the Financial Times reported on Thursday.
The United States, backed by the UK, Japan and Canada, has proposed moving forward with preparatory work so that options would be ready for G7 leaders to consider at a potential meeting around 24 Feb, according to the report.
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