US Said to Back Europe’s Push to Tap Frozen Russian Assets for Ukraine

US Supports Europe’s Effort to Use Frozen Russian Assets for Ukraine

President Donald Trump was reportedly skeptical of the initiative in October, leaving the proposal stalled partly due to Belgium’s opposition, which hosts much of the frozen funds. However, Washington is now said to support the European Union’s plan to channel those Russian assets into financial aid for Ukraine.

The EU’s “Reparations Loan” Proposal

The suggested mechanism involves exchanging Moscow’s frozen European assets for EU-issued bonds of equivalent value. Ukraine would only begin repayment once it receives reparations from Russia for war-related damages.

“The US absolutely supports the EU and the steps they’re taking right now to be in a position to make use of those assets as a tool,” a source familiar with the situation told Reuters.

Challenges and Belgian Resistance

If confirmed, Washington’s endorsement could be pivotal in easing Belgian resistance. Belgium, which controls the majority of Russia’s frozen assets, has expressed concern about potential legal or financial consequences from Moscow if the plan proceeds. European Commission and Belgian officials are expected to meet again on Friday to seek a compromise.

Security Concerns in Belgium

Amid these negotiations, Belgium has reported multiple sightings of unidentified drones near military zones in recent weeks. The armed forces have even ordered some to be shot down. Analysts in Berlin suggested the incidents might be signals from Moscow meant to pressure Belgium, though the Kremlin has denied any connection.

Author’s summary: Washington’s cautious approval of the EU’s plan to redirect frozen Russian assets toward Ukraine could reshape Europe’s aid strategy while testing Belgium’s legal and security balance.

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Kyiv Post Kyiv Post — 2025-11-07

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