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The British government is prepared to move forward with utilizing the entire amount of frozen Russian funds to aid Ukraine's military campaign, Leader Sir Keir Starmer has announced.

In a joint statement, the leaders of the United Kingdom, France, and Germany asserted that this unified step would increase strain on Russian President Vladimir Putin and compel Russia to engage in negotiations.

They further noted that the initiative would be carried out in tight collaboration with the United States.

UK penalties have blocked in excess of £25bn of Russian assets since Russia launched its full-scale invasion against the Ukrainian nation in 2022. Yet, until now, resources allocated to the Ukrainian government using Russian holdings had solely been drawn from earnings and returns accrued on them.

Sir Keir informed Ukraine's leader Volodymyr Zelensky that the United Kingdom, the French Republic, and the Federal Republic of Germany were in agreement in their aim to drive progress toward utilizing the total worth of the seized Moscow's national funds to halt hostilities.

He stated that additional sanctions in the coming days and weeks would apply more pressure on the Russian government.

This statement comes after European Union leaders met in Copenhagen previously to consider employing seized Russian assets for a 140-billion-euro financial aid to Ukraine.

In the previous month, American leader Donald Trump encouraged G7 allies to seize or employ frozen Russian holdings, based on news outlets.

The worth of immobilized Russian funds in the EU is calculated to be almost €211bn.

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

The Russian government carried out extensive aerial attacks all over the Ukrainian territory on Friday, causing power cuts in large parts of Ukraine's capital, Kyiv, and multiple additional areas.

Two people were killed and at least 20 people were hurt in the assault, Ukrainian officials said.

In a post on social media subsequent to the strike, Zelensky commented that the cynical and calculated attack aimed at civilian and energy infrastructure.

"The necessity is not mere statements but concrete steps - from the America, Europe, and the Group of Seven - in supplying air defence systems and applying sanctions," he wrote.

"Every sanction decision diminishes the Russian war effort," Zelensky declared, in a additional update.

In the same period, Zelensky informed the press he would encourage Sir Keir to participate in the PURL programme, under which Nato countries purchase arms from the United States to provide to Ukraine.

While praising the UK's strong support for Kyiv, he noted it should indicate firmly that it would engage in the system, as well as apply more measures on the Russian Federation.

Major Russian Strikes Disrupt Electricity in the Capital and Nationwide

• War in Ukraine
• France
• Federal Republic of Germany
• Russian Federation
• Ukraine