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Former UK PM Lord Cameron Proposes Using £278 Billion in Frozen Russian Assets to Rebuild Ukraine


Former UK PM Lord Cameron Proposes Using £278 Billion in Frozen Russian Assets to Rebuild Ukraine

Foreign Secretary Lord Cameron is advocating for the use of £278 billion in frozen Russian assets to aid in the reconstruction of war-ravaged Ukraine. The assets have been frozen since Russia's invasion in 2022. Lord Cameron is also calling on the US to approve an £88 billion aid package, suggesting a joint approach to utilizing the funds.

Support for Kyiv Crucial: Failure Would Be a "Christmas Present" for Putin

Lord Cameron warns that if the European Union and the United States do not provide support for Kyiv, it would be seen as a "Christmas present" for Russian President Vladimir Putin. During his recent visit to the US, Lord Cameron urged Congress to approve a new military aid deal worth £88 billion.

Impressed with Post-Brexit Trade Success: Delighted with New Trade Deals

Lord Cameron, a prominent Remainer, admits to being "impressed" with Britain's post-Brexit trade achievements. He expresses his delight at the UK joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which includes countries such as Australia, Canada, Japan, and eight others. Lord Cameron believes that these trade deals will significantly contribute to boosting Britain's exports.

Britain's Role in the Emerging CPTPP Bloc

Lord Cameron sees the UK as a major player in the emerging CPTPP bloc and believes that it can help shape, develop, and grow it. Although currently a small percentage of UK trade, the economies involved in the CPTPP are among the fastest-growing in the world. Lord Cameron emphasizes the importance of fulfilling obligations under the withdrawal agreement while actively engaging with the bloc.



courtesy of thesun.co.uk

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