**UK and EU to Discuss Seizing Russian Assets**
The UK and European Union are planning to talk about taking away Russian money from the West. This is to put more pressure on Russia ahead of possible peace talks with Ukraine.
Some EU countries, like Belgium and Germany, don’t want to take Russian assets. But the UK and other countries want to use this money to help Ukraine.
**Frozen Russian Assets**
About $300 billion worth of Russian assets were frozen when Russia invaded Ukraine in 2022. Most of these assets are held in Europe. The UK and EU will discuss how to seize these assets, despite opposition from some EU countries.
**Upcoming Talks**
British Foreign Secretary David Lammy and EU diplomacy chief Kaja Kallas will meet on March 18 to talk about this issue. They will also discuss the EU’s plan to give loans worth €150 billion ($163 billion) to third countries like the UK, Norway, and Switzerland.
**Ukraine’s Request**
Ukraine has been asking for all Russian assets to be taken away so they can use the money to defend themselves and rebuild their country. The US and other G7 countries have already agreed to provide Ukraine with loans backed by frozen Russian assets.
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