Estonian Parliament Approves Use of Frozen Russian Assets for Ukraine’s Benefit

by Roman Cheplyk
Thursday, May 16, 2024
1 MIN
Estonian Parliament Approves Use of Frozen Russian Assets for Ukraine’s Benefit

On Wednesday, May 15, the Parliament of Estonia voted in favor of a law that permits the utilization of frozen Russian assets to aid in Ukraine’s restoration efforts

This announcement was made by Estonia's Minister of Foreign Affairs, Margus Tsahkna, on the social network Kh.

"Our parliament, by an overwhelming majority, adopted a law that will allow the use of frozen assets of Russia for the benefit of Ukraine! I hope the president will declare it a law as soon as possible," Tsahkna stated.

He added that Estonia's initiative has brought Europe one step closer to setting a significant precedent.

As reported by Ukrinform, on May 8, EU permanent representatives agreed to use the proceeds from frozen Russian assets to support Ukraine's recovery and military defense against Russian aggression.

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