The proposal, presented by Steve Witkoff and Jared Kushner during talks in Miami last week, was rejected by European officials, who opposed surrendering control of the assets or returning any to Moscow.
Around €260 billion in Russian assets remain frozen, mostly in the EU.
Source: FT
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The U.S. has proposed unfreezing some Russian sovereign assets and transferring them to a Washington-controlled fund to help revive Ukraine peace talks.
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