“The goal is to find a solution on how to use these frozen assets to finance the reconstruction of Ukraine,” he said.

Russian Finance Minister Anton Siluanov said earlier that the Russian side regards the freezing of its reserves abroad as theft.

According to him, the West has frozen about $300 billion of Russia's gold and foreign exchange reserves.

In March, the first deputy head of the Ministry of Economy of Ukraine, Denis Kudin, said that the Ukrainian authorities, together with Western partners, are developing a mechanism for the confiscation of blocked funds from the Russian Central Bank.