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The UK is set to progress with employing the total value of seized Russian holdings to support Ukraine's war effort, Prime Minister Sir Keir Starmer has declared.

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

They further noted that the move would be executed in close cooperation with the America.

British sanctions have frozen in excess of £25bn of Russia's assets since Moscow launched its widespread offensive against the Ukrainian nation in 2022. Yet, up to this point, money provided to the Ukrainian government using Russian assets had exclusively been drawn from gains and dividends accrued on them.

Sir Keir assured Ukraine's leader Volodymyr Zelensky that the UK, France, and Germany were in agreement in their aim to drive progress toward utilizing the total worth of the seized Russian sovereign funds to halt hostilities.

He added that more measures in the coming days and weeks would increase the strain on the Russian government.

This declaration is subsequent to European officials convened in the Danish capital last week to discuss employing frozen Russia's funds for a €140 billion financial aid to the Ukrainian nation.

Recently, American leader Donald Trump encouraged international partners to confiscate or otherwise use immobilized Russia's funds, as reported by news outlets.

The value of seized Russia's assets in the Europe is assessed to be approximately €211bn.

Leader Zelensky encourages UK's Sir Keir Starmer to participate in the PURL initiative

Moscow executed large-scale aerial attacks throughout Ukraine on that day, causing power cuts in large parts of the capital city, Kyiv, and eight other regions.

Two people were killed and no fewer than 20 people were wounded in the attack, authorities in Ukraine reported.

In a message on social media following the strike, Zelensky commented that the premeditated assault targeted public and utility structures.

"What is required is not just talk but decisive action - from the America, EU, and the seven nations - in providing anti-aircraft weapons and enforcing penalties," he wrote.

"All penalty impositions diminishes Moscow's military apparatus," Zelensky noted, in a separate post.

Additionally that day, Zelensky stated to media outlets he would urge Sir Keir to enter the weapons procurement program, under which Nato countries acquire military equipment from the United States to donate to Ukraine.

While applauding the Britain's firm backing for the Ukrainian government, he said it should demonstrate clearly that it would take part in the system, as well as impose more sanctions on the Russian Federation.

Significant Attacks Cut Power in Kyiv and Across Ukraine

• War in Ukraine
• France
• Federal Republic of Germany
• Russia
• Ukrainian Nation