Canada Amends Laws to Seize Profits From Frozen Russian Assets for Ukraine
Government
Canada has updated its legislation to allow for the seizure and transfer of profits generated from frozen Russian state assets to Ukraine, Ukrainian Presidential Advisor on Sanctions Policy Vladyslav Vlasiuk announced on Sunday, April 12, Radio Svoboda reported. The new legal framework enables Ottawa to collect earnings from immobilized Russian funds and redirect them to support Kyiv. While Vlasiuk noted that the total amount held in Canada is “not very large,” he emphasized that the precedent
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