EU Agrees On Using Profits From Russian Assets For Ukraine

A representative from the prosecutor's office shows parts of an unidentified missile, which Ukrainian authorities believe to be made in North Korea and was used in a strike in Kharkiv earlier this week. (Reuters)

"The money will serve to support Ukraine's recovery and military defence in the context of the Russian aggression," Belgium, which holds the EU's rotating presidency

EU member states reached agreement “in principle” Wednesday on a plan to use the profits from frozen Russian central bank assets to arm Ukraine, officials said.

“The money will serve to support Ukraine’s recovery and military defence in the context of the Russian aggression,” Belgium, which holds the EU’s rotating presidency, posted on X following a meeting of EU ambassadors.

“There could be no stronger symbol and no greater use for that money than to make Ukraine and all of Europe a safer place to live,” added EU Commission chief Ursula von der Leyen.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed - AFP)