Estonia: Foreign ministers urge using frozen Russian assets for Ukraine

The foreign ministers of Estonia and Ukraine, Margus Tsahkna and Dmytro Kuleba, called for using Russia’s frozen assets, valued at over USD 300bn, to help defend and rebuild Ukraine, ERR reported. Writing in a joint article published by the Estonian Foreign Ministry, the two ministers insisted that doing so would be both legal and just, as it would make Russia pay for the war and set a precedent for holding aggressors accountable. The ministers argued that this would strengthen the global financial system and promote a more just international order. Estonia has drafted legislation to allow the use of confiscated Russian assets to help Ukraine.