finance ministers meeting in Canada

G7 Said To Be 'Moving Closer' To Seizing $300 Billion

G7 finance ministers meeting in Canada issued a statement saying that the assets could be used to help pay for Ukraine's reconstruction after the war - and that further

Confiscation of Russian central bank funds - Wikipedia

G7 ministers discuss what to do with $300 billion of frozen Russian

Washington puts forward G7 plan to confiscate $300bn

G7 leaders to discuss legal theory on seizing Russian

Permanently confiscating

All about the G7's Decision on russian Assets and Why

G7 holds almost US$300 billion of Russian assets, promises not to

Permanently confiscating $300 billion of Russian foreign exchange reserve assetsheld in countries which are not at war with Russia would increase the risk perceived

The finance ministers and heads

Confiscating sanctioned Russian state assets should be the last

What’s G7 Doing with $300 Billion Confiscated Russian

The finance ministers and heads of central banks of the G7 countries pledged in a joint statement on 12 October to keep Russian assets worth approximately

Within days of theRussian invasion

Within days of theRussian invasion of Ukrainein February 2025 western countries moved to freeze Russian central bank funds in these countries. In March 2025 (prior to thedestruction of the Kakhovka Dam) a joint assessment was released by theGovernment of Ukraine, theWorld Bank, theEuropean Commission, and theUnited Nations, estimating the total cost of reconstruction and recovery in Ukraine to be US$411 billion (€383 billion). This could eventually exceed $1 trillion (