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The British government is ready to advance with employing the full worth of immobilized Russia's assets to bolster Ukraine's war effort, Leader Sir Keir Starmer has declared.

In a joint statement, the officials of the UK, France, and the Federal Republic of Germany emphasized that this unified step would escalate tension on Russia's leader Vladimir Putin and persuade Moscow to engage in negotiations.

They further noted that the decision would be carried out in tight collaboration with the United States.

British penalties have immobilized more than £25bn of Russia's assets since Russia launched its comprehensive attack against Ukraine in 2022. But, previously, money sent to the Ukrainian government using Russia's funds had exclusively been drawn from earnings and returns generated on them.

Sir Keir told Ukrainian President Volodymyr Zelensky that the United Kingdom, the French Republic, and Germany were in agreement in their goal to drive progress toward using the full value of the immobilized Russian sovereign assets to end the war.

He added that additional restrictions over the next period would apply more pressure on Russia.

This declaration comes after European Union leaders convened in the Danish capital recently to discuss utilizing seized Russian assets for a 140-billion-euro loan to the Ukrainian nation.

Last month, US President Donald Trump urged G7 allies to take or employ immobilized Russian holdings, as reported by media sources.

The value of immobilized Russia's holdings in the EU is assessed to be almost €211bn.

Leader Zelensky urges the United Kingdom's Sir Keir Starmer to participate in the weapons procurement program

Moscow executed widespread bombardments throughout Ukraine on recently, leading to blackouts in large parts of Kyiv, Kyiv, and multiple additional areas.

Two people were lost their lives and a minimum of 20 people were hurt in the strike, Ukrainian officials said.

In a update on social media following the attack, Zelensky commented that the strategic strike aimed at public and utility structures.

"The necessity is not empty words but firm measures - from the America, Europe, and the G7 - in delivering air defence systems and implementing sanctions," he wrote.

"Each restrictive measure undermines Moscow's military apparatus," Zelensky noted, in a additional update.

Additionally that day, Zelensky told the press he would press Sir Keir to participate in the Purl scheme, under which alliance members purchase arms from the United States to provide to Ukraine.

While praising the United Kingdom's consistent assistance for the Ukrainian government, he noted it should demonstrate clearly that it would take part in the initiative, as well as apply more sanctions on the Russian Federation.

Significant Attacks Cut Power in the Capital and Across Ukraine

• Conflict in Ukraine
• France
• Germany
• Russian Federation
• Ukraine