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USA to Propose G7 Mechanism for Confiscation of Frozen Russian Assets

The USA will propose to the countries of the Group of Seven (G7) to develop a legal mechanism for confiscation of frozen Russian assets, Bloomberg reports with reference to a document with the American proposal, which came into the possession of the publication.

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The U.S. will invite the G-7 countries to develop a legal mechanism for the confiscation of frozen Russian assets, as reported by Bloomberg with reference to a document with an American proposal at its disposal.

·Riga, Latvia
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The US is said to be urging its allies, namely the G7 group of developed countries, to establish a legal framework in an effort to seize frozen Russian state assets and transfer them to Ukraine.

Representatives of the world's leading economies discussed additional trade restrictions against states that favor Russia

·Kyiv, Ukraine
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Meduza broke the news in Riga, Latvia on Friday, September 12, 2025.
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