The US House of Representatives voted 360-58 in favor of a bill to expand sanctions against Russia and allow confiscation of Russian sovereign assets for Ukraine's benefit.

The US House of Representatives voted 360-58 in favor of a bill to expand sanctions against Russia and allow Russian assets to be confiscated in favour of Ukraine.

The House's other decision to allow the confiscation of frozen Russian assets also sends a strong signal to all of our partners

The U.S. House of Representatives on April 20 passed a key foreign aid package for Ukraine, Israel, and other allies

The aid package provides $60.84 billion to assist Ukraine, including $13.8 billion for Ukraine to buy advanced weapons, $13.4 billion for replenishing U.S. stockpiles, $11 billion to support U.S. allies in the region, and another $13.8 billion to purchase U.S. defense systems for Ukraine

Another $9 billion will be allocated to the war-torn country as economic assistance in the form of loans that can be forgiven by the president with Congress's approval

The US House of Representatives is poised to hold a crucial vote on Saturday on a major aid package for Ukraine, Israel and Taiwan

nearly $61 billion is earmarked for Ukraine's war effort against the Russian invasion

$14 billion to train, equip and finance the needs of the Ukrainian army

$10 billion in forgivable loans for vital economic and budgetary support, including for the energy and infrastructure sectors

The bill also authorizes the US president to confiscate and sell Russian assets in order to finance the reconstruction of Ukraine

On April 20, the House of Representatives adopted a draft law on financing aid to Ukraine and voted for expansion of anti-Russian sanctions and confiscation of frozen Russian assets.