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Code · BILL · 119th Congress · H.R. 5835 (Introduced in House) — To amend the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act to improve the implementation of the s... · Sec. 2

Sec. 2. Recognition of Porto Declaration of Organization for Security and Co-operation in Europe

147 words·~1 min read·/bill/119/hr/5835/ih/section-2

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Section 101(a) of the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act (division F of Public Law 118–50 ; 22 U.S.C. 9521 note) is amended by adding at the end the following: Every member of the European Union, including Belgium, and all but one member of the G7, are also participating states of the Organization for Security and Co-operation in Europe. On July 3, 2025, the Parliamentary Assembly of the Organization for Security and Co-operation in Europe adopted unanimously in plenary session the Porto Declaration, which [c]alls on OSCE participating States to unlock the full value of an estimated US$300 billion in Russian sovereign assets frozen across the region by repurposing the underlying principal, in sizeable increments and on a regular and timely schedule, for Ukraine until the Russian Federation ends its aggression and agrees to compensate Ukraine for damages directly resulting from the war . .
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Sec. 2
Recognition of Porto Declaration of Organization for Security and Co-operation in Europe
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