Decision on Frozen Russian Assets Use for Ukraine Must Be Collective - Pritzker
Pritzker explained that there are six to seven difficult steps to achieve results in this process.
The use of frozen Russian assets for Ukraine should be preceded by a long preparation of six to seven difficult stages and such a decision should be collective, and not at the level of one country, it should not be expected quickly, U.S. Special Representative for Ukraine's Economic Recovery Penny Pritzker has said.
"I view this as absolutely a good use of resources between all of us to try figure this out... It is a misperception to think this gonna be a panacea," she said in a discussion at the Ukrainian House, organized on the sidelines of the EEF by the Pinchuk Foundation, Horizon Capital and Western NIS Enterprise Fund, in Davos on Monday evening.
Pritzker acknowledged there was great hope that Russian sovereign assets could provide an easy source of financing and a solution as Ukraine needs billions of dollars and international aid begins to lag.
