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US House committee supports draft bill on transfer of Russian assets to Kiev

According to a live broadcast on YouTube, 40 members of the committee supported the move, while two voted against it

WASHINGTON, November 8. /TASS/. The Foreign Affairs committee of the House of Representatives of the US Congress has approved a bill to transfer a part of Russian assets frozen by the US to the Kiev government.

According to a live broadcast on YouTube, 40 members of the committee supported the move, while two voted against it.

The date when the draft will be put to a vote in the US House of Representatives is unknown.

Following the start of Moscow’s special military operation in Ukraine, Western countries slapped sanctions against the Bank of Russia. Apart from freezing Russia’s gold and foreign currency reserves, all transactions related to management of the regulator’s reserves and assets, as well as transactions with any legal entity, organization or body acting on behalf or at the direction of the Central Bank, were prohibited.