“We are not intimidated by Russia, and that is why we continue to work to help Ukraine. Profits from Russian assets will be used for Ukraine, because it is a victim,” TASS quotes him as saying.

The head of the European Commission, Ursula von der Leyen, previously stated that the European Union intends to transfer €1 billion from Russian assets to Ukraine for weapons by July 1.

The Kremlin said that the EU's idea to use 90% of the proceeds from frozen Russian assets to help the Ukrainian Armed Forces leads to the destruction of international law.