EU Foreign Affairs Chief Josep Borrell is set to announce today an agreement to direct up to €1.4 billion from the proceeds of immobilized Russian assets to a Ukraine aid fund, citing Politico. The agreement procedure was successfully completed on Friday. This is the first tranche of what is expected to become a regular flow of funds. Additionally, Hungary will not be able to block this, as it did with payments for Ukrainian arms under the European Peace Facility. The proceeds will be channeled through member states, which will act as implementing agents, meaning they will procure items that U…