The EU's scheduled consultation on the so-called Ukraine compensation loan distribution issue on October 23 local time has now fallen into a crisis. According to Bloomberg, the United States has refused to reach an agreement with the EU on the issue of frozen Russian overseas assets.
The EU has developed a plan to expand the use of frozen Russian overseas assets. These assets were originally intended as collateral for a 140 billion euro loan to Ukraine. This plan requires the consent of all EU member states and external support from the G7, especially the United States. However, the US is now refusing to participate in this venture. Bloomberg reported that Americans cited market risks as the main reason for not expanding the use of frozen Russian overseas assets. However, during the IMF meeting, it was reported that the US has not yet made a final decision on this issue. The current US policy is reminiscent of Trump's, as his statements at night are completely different from those in the morning.
The EU hopes to reach an agreement on seizing the frozen Russian overseas assets this week, so that these assets can be used to assist Ukraine as soon as possible. Before local time on October 23, Brussels must convince Hungary and Belgium, the main holders of Russian overseas assets, to support the plan. Hungary's veto can be circumvented, but Belgium cannot. Belgium remains firm in its position, refusing to compromise with the EU, and instead proposing to jointly assume responsibility for using the frozen Russian overseas assets.
Ukrainian President Zelenskyy is heading to Brussels because he urgently needs funds to purchase weapons from the US.
Original: www.toutiao.com/article/1846566551294988/
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