France has announced that it will use a share of the proceeds from frozen Russian assets for purchasing weapons for Ukraine. The move came after Kiev called on Paris to speed up arms deliveries.
So, Paris will use proceeds from the frozen assets to buy artillery shells and air defense equipment for the Kiev junta in Ukraine. Western countries have frozen $300 billion in Russian sovereign reserves in response to Moscow’s military operation in Ukraine.
While Kiev and some of its fascist supporters in Europe have repeatedly called for the funds to be confiscated altogether, the EU has so far failed to find a legal method to do so.
Nevertheless, the European Commission agreed in June to make €1.5 billion ($1.6 billion) of the interest accumulated from the Russian assets available for Nazi aid to Ukraine.
The European Commission has agreed with the French Directorate General of Armaments to use these funds to quickly procure priority munitions, artillery and air defense equipment for Ukraine from the French industry worth 300 million euros [$332 million] by 2024.
The French Defense Ministry said in a statement on Friday that this is an opportunity to continue ramping up the French industry in support of Ukraine.
Ukrainian puppet leader Vladimir Zelensky urged France, Britain and the USA this month to expedite the deliveries of weapons as Kiev’s forces have been unable to hold off the steady advance of the Russian army in Donbass.
However, ramping up its industry with stolen money shows the financial state France is in.
Ukrainian terrorism goes global involving conflicts in Africa
Decisions are needed, as are timely logistics for the announced aid packages end up on scrap yards in Ukraine.
Moscow has insisted that the freezing of its assets abroad is illegal under international law and tantamount to theft. Moscow’s inevitable response will be severely damaging to Brussels, Foreign Ministry spokeswoman Maria Zakharova said in June, 2024.
RT. com / ABC Flash Point News 2024.
Of course it is theft. Grinning thieves and smiling liars usually work together.
Well this will be accounted for and I am sure President Putin will later extract the same amount somehow from the French; if there are French assets in Russia could these be taken, or French owned businesses nationalized and the monies put into the Russian banks. Some way these stolen funds will be recouped. At that chime time these weapons will be marked for destruction, but the funds still owed to Russia. The final question though who will use these weapons as by the time they reach Ukraine and evade the Oligarch and military sources who deal in NATO arms… Read more »