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World Leaders Consider Seizing Russian Frozen Assets to Pressure Kremlin

World leaders gathered at the “coalition of the willing” summit to discuss increasing pressure on Russia, including the possibility of confiscating frozen Russian assets. British Prime Minister Keir Starmer confirmed that the summit also focused on strengthening military aid to Ukraine, both in the short and long term, as part of a broader strategy to counter Russian aggression.

Starmer was asked directly whether frozen Russian assets would be seized and what additional measures could be implemented to weaken Vladimir Putin’s position. He emphasised that new commitments were discussed and that Ukraine’s role in its own security was a key topic, particularly in the event of a future peace agreement. He stated that pressure on the Kremlin would continue through both economic and military means.

The leaders explored how far they could go in tightening sanctions on Moscow, including potential legal mechanisms to seize Russian state and oligarch assets currently frozen in Western countries. Starmer acknowledged that the issue is complex but stressed that discussions on the matter would continue.

Sanctions and asset seizures remain key tools for holding Russia accountable for its full scale invasion of Ukraine. Western allies are determined to make Moscow pay for the destruction it has caused. The summit also addressed additional punitive measures beyond asset seizures, which governments will push forward in response to Russian aggression.

The British Prime Minister highlighted that there are two major pressure points that can be used against the Kremlin: military support for Ukraine and financial sanctions. He reaffirmed that world leaders are committed to both strategies in order to weaken Russia’s war machine and prevent further escalation.

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