Russia could agree to using $300 billion of sovereign assets frozen in Europe to finance reconstruction in Ukraine as part of a possible peace deal.
But Moscow will insist that part of the money is spent on the one-fifth of the country its forces control.
This is according to Reuters, which references three sources with knowledge of the matter.
The United States and its allies prohibited transactions with Russia’s central bank and finance ministry in 2022.
The move blocked assets of up to $350 billion of mostly European, U.S. and British government bonds held in a European securities depository.
Russia and the United States held their first face-to-face talks on ending the Ukraine war on in Saudi Arabia on Tuesday.
