Von der Leyen Discusses Ukraine War Peace Talks and Frozen Russian Assets

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European Commission President Ursula von der Leyen addressed the European Parliament in Strasbourg, discussing the ongoing conflict in Ukraine and the status of potential peace negotiations. She characterized the situation as "volatile" and "dangerous," stating that Russia displayed no "real intent" for peace talks. This statement was made shortly before Kremlin spokesman Dmitry Peskov indicated it was "premature" to discuss a peace deal.

Ukraine's Security and Russia's Stance

Von der Leyen emphasized the necessity for Ukraine to have robust security guarantees to prevent future aggression. She described Russia's perspective as adhering to a post-World War Two approach, which views Europe as a "sphere of influence." Her address occurred as the United States intensified its diplomatic efforts to mediate between Kyiv and Moscow.

Developments in Peace Discussions

Recent discussions held in Geneva and Abu Dhabi have resulted in Ukraine's agreement to the fundamental principles of a peace deal. This follows revisions to an initial 28-point plan, which had faced criticism for its perceived bias towards Russia. Ukrainian President Volodymyr Zelensky commented that the revised draft represented "the right approach." Nevertheless, significant points of contention with Russia remain unresolved, and the Kremlin has consistently expressed skepticism regarding proposals for compromise.

EU Support and Frozen Russian Assets

Von der Leyen reaffirmed the European Union's commitment to Ukraine, stating that "Europe will stand with Ukraine and support Ukraine every step of the way." She also discussed the €210 billion (£185 million) worth of Russian assets currently frozen in European financial institutions. Belgium has opposed the proposal to divert these assets to Ukraine, citing concerns over potential violations of international law and the risk of liability should Moscow pursue legal action. Other European nations have also expressed apprehension that European taxpayers might ultimately bear the cost of repaying these frozen assets. Von der Leyen attempted to alleviate these concerns, stating that such a scenario was unlikely.