The Ministry of Foreign Affairs of Ukraine welcomes the adoption by the Parliamentary Assembly of the Council of Europe of the Conclusion on the draft Additional Protocol to the Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism.

The emphasis in the Conclusion on the connection between anti-money laundering instruments and the Russian Federation’s aggression against Ukraine is of fundamental importance.

Strengthening the mechanisms for tracking, freezing and confiscating assets is critically important for blocking the financial flows that Russia uses to wage war, circumvent sanctions and support state-related structures.

Ukraine emphasizes that the effective application of these instruments should become one of the key elements of international efforts aimed at limiting the resource base of the aggressor state and ensuring the inevitability of accountability.