A European working group will explore using frozen Russian assets for Ukraine.

An EU working group will be set up to look at using frozen Russian assets for the reconstruction of Ukraine, the Swedish Presidency of the Council of the EU said on Tuesday. The Swedish presidency’s statement said the group will carry out a legal, financial, economic, and political analysis of the possibilities of using frozen Russian assets. Part of this work will involve obtaining a clearer picture of where Russian state-owned assets are located and their total value, the statement added. Russia must pay for Ukraine’s reconstruction, but at the same time, this poses difficult questions. This must be done following EU and international law, and there is currently no direct model for this, said Swedish Prime Minister Ulf Kristersson. The group will be chaired by Anders Ahnlid, director-general of Sweden’s National Board of Trade, reported CNN.