UK and EU Advance Talks on Seizing Frozen Russian Assets

The UK and European Union will advance talks on how to seize frozen Russian assets to jointly boost defense spending, as they seek ways to increase economic pressure on Vladimir Putin ahead of any peace talks to end his war on Ukraine.

Foreign Secretary David Lammy and the EU’s top diplomat, Kaja Kallas, will review “innovative initiatives” to collectively step up European defense funding and bolster military readiness in a meeting in London on Tuesday, the UK Foreign Office said.