France to Tap Russian Assets for $211 Million This Year, Minister Says
France will use interest from frozen Russian assets to fund another $211 million in arms for Ukraine, Armed Forces Minister Sebastien Lecornu said in a newspaper interview. The country plans to tap into these funds to purchase additional military equipment, including artillery shells and glide bombs, for its Mirage 2000 fighter jets. France is also expected to hand over some of its older armoured fighting vehicles to Ukraine.
- This move highlights the complexities of sanctions and their unintended consequences on global military dynamics, where countries are forced to navigate alternative funding sources to maintain support for allies.
- How will the growing reliance on frozen assets as a source of military funding impact the broader geopolitics of conflict in Eastern Europe?