The World Refugee & Migration Council (WRMC) welcomes the decision of the G7 to extend a 50 billion dollar loan to Ukraine, which will be underwritten by the earnings of Russian assets that have been frozen by G7 countries and the European Union.
Avoiding Direct Confiscation: A Bond-lien Guarantee Mechanism to Help Ukraine
Instead of confiscating Russian assets, Western governments can use them as security for loans of equal value immediately to support Ukraine.
How Canada Could Use Russian State Assets to Rebuild Ukraine
Robert Currie says regardless of the route, it is important that any Canadian effort to repurpose Russian assets is principled and lawful. In times when Russia’s own conduct has imperilled international rule of law, this is the appropriate and necessary response.
Repurposing Assets for the Forcibly Displaced
Read about the WRMC’s work on repurposing frozen assets to assist those forcibly displaced by acts of grand corruption.
Frozen Russian Assets and the Reconstruction of Ukraine: Legal Options
This research paper assesses the four main legal options in dealing with frozen Russian assets: continued freezing, confiscation, private claims, and enforcement of a foreign judgement or international award.