Belgium to support Ukraine using taxes on frozen Russian assets

Belgium will use 92 million euros ($101 million) it has received in taxes on frozen Russian assets to support Ukraine, its government said on Friday. Half of the amount will be used to deliver military goods such as armoured vehicles, weapons and munition.


Reuters | Updated: 12-05-2023 18:49 IST | Created: 12-05-2023 18:49 IST
Belgium to support Ukraine using taxes on frozen Russian assets

Belgium will use 92 million euros ($101 million) it has received in taxes on frozen Russian assets to support Ukraine, its government said on Friday.

Half of the amount will be used to deliver military goods such as armoured vehicles, weapons and munition. The other half is earmarked for humanitarian support, the future reconstruction of Ukraine and strengthening Belgium's diplomatic presence in the country, the government said. ($1 = 0.9084 euros)

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