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NEWS: EU foreign chief Borrell demands Russian foreign exchange reserves be seized to pay for re-building of Ukraine

European Commission foreign policy chief Josep Borrell

By AML Intelligence Correspondents

EUROPE is increasingly looking at seizing frozen Russian foreign exchange reserves to help pay for the cost of rebuilding Ukraine.

Now Foreign Policy Commissioner Josep Borrell has pointed to how the US took control of billions of dollars’ worth of assets belonging to the Afghan central bank as an example of what Europe should do. The US used the money in part to potentially compensate victims of terrorism as well as for humanitarian aid for the country.

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