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.
The G7 can prove its commitment to Ukraine by seizing Russian assets
WRMC’s Lloyd Axworthy and Fen Hampson write in the Globe and Mail that G7 leaders must stop dragging their feet and take Russia’s money now and redirect it to Ukraine.
At a Time of Global Crisis, Where Is the UN Security Council?
A Statement by the Executive Committee of the World Refugee & Migration Council At a time of unprecedented alarm about global public health and the plight of the world’s vulnerable populations, including refugees, the United Nations Security Council has been silent and inactive while G7 and G20 leaders this week coordinate their responses to a […]