Uncategorized

Canada allows confiscation of Russian assets and their use for reconstruction of Ukraine.

0 min read

A Canadian law that came into effect on June 23 allows the confiscation of assets subject to sanctions due to Russia’s war, and their subsequent use to support Ukraine. Canada has blocked assets worth $328 million due to the sanctions.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed

Washington and Kyiv will invest $75 million each to kickstart the Ukraine reconstruction investment fund that gives the U.S. special access to mineral sites and other projects in Ukraine, the Economy Minister Oleksii Sobolev told journalists on Sept. 17.

Show More