Developed nations of the G7 are planning to keep Russian assets frozen even after the war with Ukraine ends. These assets will only be returned once reparations are paid to Kyiv, citing Nikkei Asia. According to multiple G7 sources,

G7 leaders will issue a joint statement in October saying that "Russia's sovereign assets will remain immobilized until Russia ends its aggression and pays for the damage it has caused to Ukraine," according to the draft prepared by this year's chair,

The funds represent the UK’s share of a $50 billion (£38.39 billion) loan package agreed upon by the G7 nations, financed through interest generated from sanctioned Russian sovereign assets

The BBC reports that the British government will transfer approximately $2.76 billion from frozen Russian assets to Kyiv. Defence Minister John Healey emphasizes that this is "turning the proceeds of Putin's corrupt regime against him.

The loan will be allocated to Ukraine's military spendings. Kyiv will be able to invest in key equipment to fight Russia, such as artillery, air defense, and wider equipment support.