European Union foreign policy chief Kaja Kallas said on Saturday that Russia’s frozen assets will not be returned unless Moscow pays reparations for its invasion of Ukraine.
Speaking ahead of an EU foreign ministers' meeting in Copenhagen, Kallas emphasized, "We can't possibly imagine that ... if there is a ceasefire or peace deal, these assets are given back to Russia if they haven't paid for the reparations."
The EU currently has approximately 210 billion euros ($245.85 billion) of Russian assets frozen under sanctions imposed due to Russia's actions in Ukraine.
While some EU countries, including Poland and the Baltic states, have called for the confiscation of these assets to support Ukraine, major EU powers France and Germany, along with Belgium (which holds most of the assets), have opposed such measures.
France and Germany have pointed out that the EU plans to use future profits from the frozen assets to fund support for Ukraine, but have raised legal concerns about outright confiscation.
Diplomats suggest the discussion is now shifting toward how these funds might be utilized once the war in Ukraine concludes.
Iran's guards have said the important Strait is closed and anyone passing through will face "harsh measures". U.S. President ...
Two months after Indian negotiators worked in January to secure relie...
Iran’Iran’s Foreign Minister, Abbas Araghchi, has rejected an offer of negotiations from the U.S. President, Donald Trump, amid the ong...
Former rapper turned politician Balendra Shah, was sworn in as Nepal’s prime minister on Friday, becoming the youngest leader in decades and ...
The United Arab Emirates has told the U.S. and other Western allies that it is willing to participate in a multinational maritime taskforce aimed a...
Iran's guards have said the important Strait is closed and anyone passing through will face "harsh measures". U.S. President Donald Trump has extended his timeline on striking against Iran's energy sites, as Tehran says diplomacy is ongoing - latest on Middle East conflict.
Two months after Indian negotiators worked in January to secure relief from punitive U.S. tariffs on the country’s exports and New Delhi moved to cut back its purchases of Russian crude oil, India and Russia are stepping up their energy ties once again, according to Reuters.
Iran’Iran’s Foreign Minister, Abbas Araghchi, has rejected an offer of negotiations from the U.S. President, Donald Trump, amid the ongoing Israel–U.S. war with Iran, describing the proposal as a “contradiction” in Washington’s words and actions.
Former rapper turned politician Balendra Shah, was sworn in as Nepal’s prime minister on Friday, becoming the youngest leader in decades and the first Madhesi - from the southern plains bordering India - to hold the country’s top office.
Israel said it had killed Alireza Tangsiri, the Commander of Iran’s Islamic Revolutionary Guards Corps (IRGC)’s Navy, on Thursday, as confict in the Middle East continued.
Iran has rejected a U.S. proposal to end the war, insisting any ceasefire will occur only on its own terms and timeline, according to a senior political-security official speaking to state-run Press TV on Wednesday.
Marine Le Pen, leader of France’s far-right National Rally (RN), said on Wednesday that the U.S. had “clearly made a mistake” in launching strikes on Iran, arguing Washington misjudged the resilience of the Iranian regime.
Northern European countries must significantly boost military drone production to help Ukraine defeat Russia, Latvia’s Prime Minister has said, warning that victory would be “impossible” without greater support.
Iran's guards have said the important Strait is closed and anyone passing through will face "harsh measures". U.S. President Donald Trump has extended his timeline on striking against Iran's energy sites, as Tehran says diplomacy is ongoing - latest on Middle East conflict.
Two months after Indian negotiators worked in January to secure relief from punitive U.S. tariffs on the country’s exports and New Delhi moved to cut back its purchases of Russian crude oil, India and Russia are stepping up their energy ties once again, according to Reuters.
U.S. paper currency will bear President Donald Trump's signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday. The change comes as the United States prepares to celebrate its 250th anniversary.
Mexico's navy said it had activated a search-and-rescue operation in the Caribbean to locate two sailboats carrying humanitarian aid to Cuba after the vessels failed to arrive in Havana.
A powerful tropical cyclone in Western Australia has disrupted production at the country’s two biggest liquefied natural gas plants run by Chevron and Woodside, exacerbating a global supply crunch caused by the conflict in the Middle East.
France has rejected claims that South Africa was dropped from the guest list for this year’s G7 summit under pressure from United States, insisting the decision to invite Kenya was its own.
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