EU froze $32B in Russian, Belarusian assets over Ukraine attack

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EU froze $32B in Russian, Belarusian assets over Ukraine attack
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EU says the bloc froze $32 billion in assets from blacklisted Russian and Belarusian individuals and companies under sanctions imposed for Moscow's offensive in Ukraine

A joint meeting of the EU and US task forces is set to take place later on Friday, with Ukrainian officials participating.

A total of $32 billion "including assets such as boats, helicopters, real estate and artwork" have been seized, the European Commission said in a statement on Friday.The EU's figures were partial, based on data from around half of the EU's 27 member states given to the bloc's "Freeze and Seize" task force operating in coordination with G7 partners, including the United States.

Russian President Vladimir Putin and his two adult daughters are on them, along with oligarchs, influential business people and politicians including Russian Foreign Minister Sergey Lavrov, and their relatives.In light of the atrocities committed by the Russian army, it is more urgent than ever to strengthen our cooperation within the EU and with our international partners, including the US and Ukraine, and step up our efforts to stop the financing of the Kremlin's war machine.

Oligarchs' superyachts and luxurious properties have been prominent assets targeted, with several seized in the EU while others have been sailed out of the jurisdictional reach of the G7 sanctions.

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