{"id":131118,"date":"2024-06-05T07:40:39","date_gmt":"2024-06-05T04:40:39","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/us-partners-making-progress-on-ways-to-use-frozen-russian-assets-treasury-official-says\/"},"modified":"2024-06-05T07:40:39","modified_gmt":"2024-06-05T04:40:39","slug":"us-partners-making-progress-on-ways-to-use-frozen-russian-assets-treasury-official-says","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/us-partners-making-progress-on-ways-to-use-frozen-russian-assets-treasury-official-says\/","title":{"rendered":"US, partners making progress on ways to use frozen Russian assets, Treasury official says"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/131118\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nThe United States and its G7 partners are making progress on finding ways to provide larger amounts of urgently needed funds to Ukraine by tapping the value of profits earned on frozen Russian assets, a senior U.S. Treasury official said on Tuesday. Brent Neiman, assistant secretary for international finance, said a recent decision by the European Union to use the annual flow of windfall profits earned on the immobilized assets could potentially deliver billions of dollars per year to Ukraine.<\/p>\n<p>Neiman said the United States and its Group of Seven partners were advancing discussions on how to deliver an even larger amount of funds to Ukraine right now. &#8220;One possibility may be to lend a significant amount up front to help Ukraine over the short run and link repayment of that loan to the stream of future windfall profits,&#8221; he said. Doing so would provide &#8220;an immediate fiscal boost to Ukraine and also signal to Putin that he cannot simply outlast Ukraine and its partners,&#8221; said Neiman, who recently returned from a visit to Ukraine.<\/p>\n<p>The U.S. has been pushing its G7 partners &#8211; Britain, Canada France, Germany, Italy and Japan &#8211; to embrace a loan backed by the income from the frozen assets that could provide Kyiv with as much as $50 billion in near-term funding. The loan has emerged as the top option given that G7 countries remain at odds over seizing the assets outright. A Treasury official said there were still technical issues to be worked out, and other options were still under consideration, but declined to elaborate.<\/p>\n<p>The White House on Tuesday underscored that any solution for monetizing some $300 billion in frozen Russian assets would have to be hammered out together with allies and other countries. White House spokesperson John Kirby told reporters earlier that President Joe Biden was likely to discuss the issue during his visit to France this week and his summit with G7 leaders in Italy next week, but declined to say if an agreement was imminent.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/world\/us-partners-making-progress-ways-use-frozen-russian-assets-treasury-official-2024-06-04\/\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/world\/us-partners-making-progress-ways-use-frozen-russian-assets-treasury-official-2024-06-04\/\">Reuters<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/us-partners-making-progress-on-ways-to-use-frozen-russian-assets-treasury-official-says\/\">US, partners making progress on ways to use frozen Russian assets, Treasury official says<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[555,14788,3752,588,574],"class_list":["post-131118","post","type-post","status-publish","format-standard","hentry","category-news","tag-csr-news-en","tag-frozen-asset","tag-partners","tag-russia","tag-us"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/131118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=131118"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/131118\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=131118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=131118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=131118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}