Belgium Presses EU to Scrap Frozen Russian Assets Plan for Ukraine Aid

The Belgian government has urged the European Union to reconsider its approach to using frozen Russian assets to fund aid for Ukraine. Belgium argues that the current plan to repurpose these seized resources may face legal and practical challenges, potentially complicating international relations and financial mechanisms within the EU.

Officials from Belgium emphasize the need for a collaborative and transparent process that respects the rights of affected parties and aligns with international law. The country’s stance highlights the complexities involved in utilizing frozen assets, particularly those linked to state actors, in conflict-related financial assistance.

Key concerns raised by Belgium include:

• Legal ambiguity surrounding the ownership and usage rights of frozen assets.
• Potential repercussions on diplomatic ties with Russia and other global partners.
• The necessity for a clear EU-wide framework to govern asset management and distribution.

Belgian authorities advocate for thorough consultations within the EU to develop a feasible and legally sound strategy that ensures aid reaches Ukraine without undermining European legal standards or risking unintended political consequences.

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