Russia-Ukraine struggle: West more likely to permit Russian oligarchs to purchase method out of sanctions

Western allies are contemplating permitting Russian oligarchs to purchase their method out of sanctions and use that cash to rebuild war-torn Ukraine.

Western allies are contemplating permitting Russian oligarchs to purchase their method out of sanctions. (Photo: AP/File)

Western allies are contemplating whether or not to permit Russian oligarchs to purchase their method out of sanctions and use the cash to rebuild Ukraine, based on authorities officers accustomed to the matter.

Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland proposed the concept at a G-7 finance ministers’ assembly in Germany final week.

Freeland raised the difficulty after oligarchs spoke to her about it, one official stated. The Canadian minister is aware of some Russian oligarchs from her time as a journalist in Moscow.

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The official stated the Ukrainians had been conscious of the discussions. The official stated it is also within the West’s pursuits to have outstanding oligarchs dissociate themselves with Russian President Vladimir Putin whereas on the similar time offering funding for Ukraine.

The officers spoke on situation of anonymity as they weren’t approved to talk publicly about inner G-7 discussions.

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