Swiss Officials Continue Discussions on Redirecting Frozen Russian Assets to Ukraine

President of the Swiss National Council, Maja Riniker, has underscored that Switzerland remains engaged in ongoing discussions with other nations regarding the potential redirection of frozen Russian assets to support Ukraine. This comes as part of a broader international effort to address the economic and humanitarian impact of the Russia-Ukraine conflict.

The Swiss government has maintained a neutral stance throughout the conflict, but Riniker’s comments indicate a willingness to assist Ukraine through financial means. The discussions involve determining the legal and practical mechanisms for transferring the frozen assets, which are held in Swiss banks and financial institutions.

While no final decision has been made, the Swiss government has expressed openness to collaborating with other countries to explore viable options for redirecting these funds. This development highlights the growing international focus on addressing the economic consequences of the conflict and finding ways to support the Ukrainian government and its people.

Riniker emphasized that any such measures would require careful coordination and adherence to international law. The ongoing discussions reflect Switzerland’s desire to play a constructive role in the global effort to mitigate the effects of the conflict while maintaining its neutral position.