Macron and Biden Unite to Leverage Russian Assets for Ukraine Aid

French President Emmanuel Macron and U.S. President Joe Biden agreed to support using exceptional profits from frozen Russian assets to benefit Ukraine. During Biden's visit to France, they expressed concern over weapon transfers to Russia from Iran, North Korea, and China, and backed steps to restrict such transfers.

French President Emmanuel Macron and U.S. President Joe Biden said on Saturday they supported efforts to use exceptional profits from frozen Russian assets to benefit Ukraine.

In a joint document released during Biden's visit to France, the two leaders also expressed concern over transfers to Russia of weapons from Iran and North Korea and of dual-use materials from China, backing steps to restrict such transfers passing through the U.S. and French financial systems.