Report: Ukraine plans to sign deals to use Russian frozen reserves

MOSCOW, Jun 3 (PRIME) -- Ukraine plans to sign agreements with the E.U. states and the U.S. to get the right to use U.S. $300 billion of Russia's frozen foreign currency and gold reserves to help its economy, Justice Minister Denis Maluska told newspaper Slovo I Delo on Friday.

"We need to sign an international agreement with the country keeping this property. For instance, if the asset is in the reserves of France, it would be France,” Maluska said.

“It can be an international agreement as well, because it is almost impossible to break immunity on the level of national legislation. At the same time, it works with international agreements."

He said that half of Russia's frozen reserves are on the U.S., U.K. and Swiss accounts.

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