Canada transfers US$1.7bn in revenues from frozen Russian assets to Ukraine
![]() 1740 Monday, 30 June, 2025, 21:40 Canada has transferred approximately US$1.7 billion to Ukraine from revenues generated by frozen Russian assets, as part of the G7 Extraordinary Revenue Acceleration (ERA) initiative. Ukrainian Prime Minister Denys Shmyhal on X (Twitter), as reported by European Pravda Shmyhal stated that Ukraine had received about US$1.7 billion (CA$2.3 billion) from Canada under the ERA initiative. These funds come from the proceeds of Russian assets frozen in the West. "We are grateful to Canada, Prime Minister Mark Carney and everyone involved in this initiative. We insist on the full confiscation of the frozen Russian assets. They are needed to compensate the victims of aggression and to rebuild our state. This will also be an act of justice to prevent aggressive wars in the future." |
Foreign Minister Tsahkna: We sanctioned 19 more Georgian officials
205Yesterday, 19:21Peskov: "Each new package of sanctions adds a negative effect for the very countries that join it"
301Yesterday, 14:12EU has started working on the 19th package of sanctions against Russia
334Yesterday, 11:51EU agrees on 18th package of sanctions against Russia
319Yesterday, 11:27White House rejects reports that US operation destroyed only one Iranian nuclear site
34217.07.2025, 22:57Bahrain announces $17 billion in US deals during Trump talks
42516.07.2025, 22:36Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September (video)
78514.07.2025, 22:06Mexico hopes to reach agreement with US on tariffs
104913.07.2025, 00:52