Czechia freezes all Russian state assets

Prague has frozen Russian state assets in Czechia, Minister of Foreign Affairs Jan Lipavský has announced.  "According to my proposal, today the government approved the freezing of Russian state assets in the Czech Republic. This is the end of commercial activities used by Russia to finance the killing of Ukrainians," Lipavský wrote on X.

Na můj navrh dnes vláda schválila zmražení ruského státního majetku v Česku. Komerční aktivity, ze kterých Rusko financuje vraždění Ukrajinců, tady končí.

— Jan Lipavský (@JanLipavsky) November 15, 2023

His counterpart, Dmytro Kuleba, the Ukrainian minister of foreign affairs, has praised this step, urging other countries to join Czechia in its efforts to freeze Russian assets and transfer them to Ukraine.

"Czechia has just frozen all Russian state assets. I applaud this principled step and thank my counterpart and friend @JanLipavsky. All countries that haven’t yet done so should follow suit. Russian money should be used for Ukraine’s recovery instead of murder and destruction," Kuleba stated. 

Czechia has just frozen all Russian state assets. I applaud this principled step and thank my counterpart and friend @JanLipavsky. All countries that haven’t yet done so should follow suit. Russian money should be used for Ukraine’s recovery instead of murder and destruction. https://t.co/7ReaTIj3xc

— Dmytro Kuleba (@DmytroKuleba) November 15, 2023

Read more:

• US Congress approves bill on transfer of Russia’s frozen assets to Ukraine
• Belgium commits €1.7 billion for Ukrainian aid from taxed frozen Russian assets
• NYT: US may use legal mechanism to transfer frozen Russian assets to Ukraine
• Why the West does not confiscate Russian frozen assets in Ukraine war