Blinken: US will seize Russian assets to fund the reconstruction of Ukraine

Antony Blinken



Secretary of State Antony Blinken reiterated that the US intends to make use of seized Russian assets to provide funding for the reconstruction of Ukraine.

“Our Congress has given us the power to seize Russian assets in the United States. We intend to use it,” Blinken said during a speech at the Igor Sikorsky Kyiv Polytechnic Institute in Ukraine.

“What Putin destroyed, Russia should and must pay to rebuild.”

Blinken said the US is working with other G7 countries to do the same with “Russia’s immobilized sovereign assets.”

“The G7 can unlock billions of dollars and send a powerful message to Putin that time is not on his side,” Blinken said.



Blinken’s remarks come after a meeting with Ukrainian President Volodymyr Zelensky, in which Blinken reiterated the US “commitment to Ukraine’s recovery,” according to a State Department Spokesperson Matthew Miller.

Antony Blinken
Secretary of State Antony Blinken attends at a coffee shop in Kyiv on Tuesday. Brendan Smialowski/Pool/Reuters
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