The head of the US Treasury said there are options for using the assets of the Russian Federation

The US is unlikely to be able to confiscate Russian assets if this proposal is not supported by the G7 countries and the EU.

The complete seizure of Russian assets in favor of Ukraine is justified, but this is only one of the possibilities. This was announced by US Treasury Secretary Janet Yellen on Thursday, April 25, Reuters reports.

Yellen noted that the option of a complete seizure of Russian assets was "discussed," but the leaders of the allied countries "asked us to provide them with a number of options."

"The Europeans have taken a very constructive step and most of the Russian assets stored in Belgium are now converted into cash and Euroclear earns interest on these assets. The European Union has agreed to separate these interests and, in fact, move forward with a program where they can be transferred to Ukraine. Such an approach may be widely supported by countries concerned about asset seizures. There are a number of options," Yellen explained.

The head of the US Treasury also said that the US is unlikely to be able to confiscate Russian assets if this proposal is not supported by the G7 countries and the EU.

Last week, the ministers of foreign affairs of the G7 countries approved the statement following the meeting on the island of Capri in Italy. The issue of the transfer of Russian assets to Ukraine was postponed until June at the request of the leaders of the GXNUMX countries.