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Valerii Klychko: Prospects for Using Frozen Russian Assets and Geopolitics — Expert Opinion


Interview with Valerii Klychko on China's stance on frozen Russian assets, US and EU relations with Ukraine, and security guarantees.

Valerii Klychko, head of the Veža Center for Public Analytics, joined the broadcast to discuss the transfer of frozen Russian assets to Ukraine, a topic drawing international attention, notably from China. An official from China's Foreign Ministry expressed opposition to unilateral sanctions and called for a positive atmosphere for peace talks.

Klychko emphasizes that the EU takes the Chinese position into account due to mutual trade dependence, but security concerns and Russia's influence over Europe are paramount. China aims to influence the process, demonstrating that decisions should be coordinated with Beijing, and the issue of asset use is part of broader negotiations.

The expert notes that Ukraine is unlikely to receive direct funds; instead, financing will likely come as credit guaranteed by EU financial institutions, with Russian assets remaining frozen. China seeks political advantages through its influence in these discussions.

During a visit by Ukrainian Deputy Foreign Minister Serhiy Kyslytsia to China, he met with the US ambassador, signalling coordination between Kyiv, Washington, and Beijing on peaceful resolution topics.

The issue of US security guarantees for Ukraine is also raised. The US President is ready to present security guarantees to Congress within a strict timeframe, considered by the expert as a diplomatic gain for Ukraine and motivation for Europe to act more decisively.

Addressing the incident of Russian border guards crossing into Estonia, Klychko highlights that such provocations are systematic and calls for firmer responses from European countries and NATO given the threats posed by Russia.