UK-France tensions over plan to seize $350bn Russia assets for US arms
Briefly

Tensions have arisen between the UK and France regarding $350bn of frozen Russian assets. The UK seeks to seize these assets for purchasing US defense equipment, thereby strengthening ties with America. UK Foreign Secretary David Lammy has publicly endorsed this position, which is also backed by Ukrainian President Zelenskyy. Conversely, French President Emmanuel Macron opposes the move, fearing it might undermine the principle of sovereign immunity and deter investment in Europe. This disagreement complicates their joint efforts in leading support for Ukraine against Russian aggression.
Tensions have emerged over whether $350bn of frozen Russian assets can be seized for US defense purchases, with significant divergence of opinion between the UK and France.
While the UK is supportive of seizing Russian assets to bolster defense ties with the US, France opposes the move due to concerns over sovereign asset immunity.
Read at www.theguardian.com
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