Former UK PM Calls for Frozen Russian Assets to Rebuild Ukraine

Lord Cameron proposes using £278 billion in frozen Russian assets to aid war-torn Ukraine

Lord Cameron, the former UK Prime Minister, has called for a joint effort to utilize the £278 billion in frozen Russian assets to help rebuild Ukraine, which has been devastated by Russia's invasion in 2022. He argues that it is not enough to simply freeze the assets and suggests that some of the funds should be spent on this cause. Lord Cameron believes there are strong reasons to consider this approach.

Warning of a "Christmas present" for Putin

Lord Cameron has warned that if the European Union (EU) and the United States (US) fail to provide support to Kyiv, it would be a "Christmas present" for Russian President Vladimir Putin. During a recent visit to the US, Lord Cameron urged Congress to approve a new military aid deal worth £88 billion.

Impressed with post-Brexit trade success

Lord Cameron, a prominent Remainer, has also expressed his admiration for Britain's post-Brexit trade achievements. He revealed that he is "delighted" with the new trade deals, including the UK's membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This agreement involves Australia, Canada, Japan, and eight other states. Lord Cameron believes that these trade deals, coupled with other efforts, are contributing to the growth of Brexit Britain's exports.

Shaping the emerging bloc

Lord Cameron sees the UK's participation in the CPTPP as an opportunity for the country to become one of the largest players in this emerging bloc. He believes that the UK can contribute to shaping, developing, and growing the partnership. Although the current trade with these economies is relatively small, Lord Cameron highlights their status as some of the fastest-growing economies in the world, emphasizing the importance of maximizing this potential while honoring the obligations under the withdrawal agreement.