UK to move with EU on Russian frozen assets, Starmer says

'Coalition of the Willing' meeting of international partners on Ukraine
British Prime Minister Keir Starmer sits with Foreign Secretary Yvette Cooper, Defence Secretary John Healey and Chief of the Defence Staff Richard Knighton, while other participants attend by video link, as Starmer co-chairs the 'Coalition of the Willing' meeting of international partners on Ukraine, at 10 Downing Street in London, Britain, November 25, 2025. REUTERS/Toby Melville/Pool
Source: REUTERS

British Prime Minister Keir Starmer on Tuesday told a Coalition of the Willing meeting that London was "ready to move" with the European Union on providing financial support to Ukraine based on the value of "immobilised" assets.

"This is the best way to show (Russian President Vladimir) Putin he should negotiate rather than trying to out-wait us, and it's the best way for us to be ready to support Ukraine in war or in peace," Starmer told the leaders of France, Germany and other European nations during a virtual meeting.

He said he knew that EU teams were working "around the clock" on financing: "I know that EU leaders are looking at this in the next few weeks, where progress is being made."

Ukraine signalled support for the framework of a peace deal with Russia but stressed that sensitive issues needed to be fixed at a meeting between President Volodymyr Zelenskiy and U.S. President Donald Trump.

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This article was produced by Reuters news agency. It has not been edited by Global South World.