Ukraine raised Russian frozen assets with US Treasury, says central bank governor

LONDON, April 24 (Reuters) - Ukraine raised the issue of frozen Russian assets which are needed to cover the country's reconstruction efforts with the U.S. Treasury at a meeting in Washington on Wednesday, the country's central bank governor Andriy Pyshnyi said.

After Russian President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, immobilizing around $300 billion of sovereign Russian assets.

"Is there a mechanism to get access to these assets, to turn them into the source to cover the losses and damages of Ukraine and to fuel its resilience? The answer is very simple, yes," said Physhnyi, speaking during an event on the sidelines of the IMF World Bank Spring meetings.

"During yesterday's meeting at the U.S. Treasury, our Ukrainian team tried to move this ... closer and closer to the center," he said, adding the Ukrainian delegation planned to do the same at a meeting with the IMF on Friday.