After the Russian invasion of Ukraine in February 2022, economic sanctions led to frozen Russian assets abroad inaccessible and could be relocated to Ukraine. Those arguing yes say it would serve as restitution for Russia’s aggression and compensate for damages and economic disruptions. Those arguing no say relocating the frozen assets could set a concerning precedent, leading to escalated tensions and retaliatory actions. Now we debate: Should Ukraine Get Russia’s Frozen Assets?
Arguing Yes: Lawrence H. Summers, Former Secretary of the Treasury
Arguing No: Benn Steil, Senior Fellow and Director of International Economics at the Council on Foreign Relations
Gillian Tett, Editorial Board Chair and Editor-at-Large US of the Financial Times and Incoming Provost at King’s College Cambridge, guest moderates.
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