; and (B) (i) full compensation has been made to Ukraine for harms resulting from the invasion of Ukraine by the Russian Federation; or (ii) the Russian Federation is participating in a bona fide international mechanism that, by agreement, will discharge the obligations of the Russian Federation to compensate Ukraine for all amounts determined to be owed to Ukraine. 105. International agreement to use Russian sovereign assets to provide for the reconstruction of Ukraine (a) In general The President shall take such action as the President determines necessary to seek to establish a common international compensation mechanism, in coordination with foreign partners including Ukraine, that shall include the establishment of an international fund to be known as the Common Ukraine Fund , that uses assets in the Ukraine Support Fund established under section 104(c) and contributions from foreign partners that have also confiscated Russian sovereign assets to allow for compensation for Ukraine, including by— (1) establishing a register of damage to serve as a record of evidence and for assessment of the full costs of damages to Ukraine resulting from the invasion of Ukraine by the Russian Federation that began on February 24, 2022; (2) establishing a mechanism for compensating Ukraine for damages resulting from that invasion; (3) ensuring distribution of those assets or the proceeds of those assets based on determinations under that mechanism