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The United Kingdom is prepared to move forward with utilizing the full worth of immobilized Russia's assets to support the Ukrainian military campaign, Leader Sir Keir Starmer has declared.

In a collective announcement, the heads of state of the United Kingdom, France, and the Federal Republic of Germany asserted that this coordinated action would escalate tension on Russian President Vladimir Putin and persuade the Russian Federation to engage in negotiations.

They added that the initiative would be executed in tight collaboration with the United States.

United Kingdom restrictions have immobilized more than £25bn of Russia's funds since the Russian government initiated its widespread offensive against the Ukrainian nation in 2022. But, up to this point, resources provided to Ukraine using Russian funds had only been drawn from earnings and returns earned on them.

Sir Keir told Ukraine's leader Volodymyr Zelensky that the UK, France, and Germany were united in their aim to advance efforts toward employing the complete amount of the immobilized Russian sovereign assets to conclude the conflict.

He added that additional sanctions over the next period would apply more pressure on Moscow.

This announcement is subsequent to European Union leaders convened in Copenhagen previously to consider using immobilized Russian assets for a €140bn loan to Ukraine.

Recently, President Donald Trump urged Group of Seven partners to confiscate or otherwise use seized Russian holdings, based on media sources.

The total of seized Russia's holdings in the EU is calculated to be nearly €211bn.

Leader Zelensky calls on the United Kingdom's Sir Keir Starmer to take part in the PURL initiative

Moscow executed extensive missile and drone strikes across Ukraine on Friday, leading to electricity outages in large parts of Kyiv, the city, and several other zones.

Several persons were lost their lives and a minimum of 20 people were hurt in the assault, the Ukrainian government reported.

In a message on an online platform following the incident, Zelensky commented that the strategic strike focused on non-military and power facilities.

"What is required is not just talk but firm measures - from the United States, EU, and the seven nations - in providing air defence systems and applying sanctions," he emphasized.

"All penalty impositions weakens the Russian war effort," Zelensky declared, in a additional update.

Also on Friday, Zelensky stated to media outlets he would press Sir Keir to join the PURL programme, under which partner nations purchase weapons from the United States to donate to the Ukrainian forces.

While applauding the Britain's consistent assistance for Kyiv, he remarked it should indicate firmly that it would participate in the initiative, as well as enforce more measures on Moscow.

Major Russian Strikes Disrupt Electricity in Kyiv and Across Ukraine

• Conflict in Ukraine
• France
• Federal Republic of Germany
• Russian Federation
• Ukrainian Nation