War Reparations?

David Morris fqmorris at gmail.com
Fri Mar 18 14:37:53 UTC 2022


https://twitter.com/steven_pifer/status/1504828072444399616?s=20&t=ZFSC_7higQvOKcFAJ9Ck6A

Very interesting article. Robert Litan argues that, with some $350 billion
in Russian Central Bank assets frozen in West and #Russia
<https://mobile.twitter.com/hashtag/Russia?src=hashtag_click> having
launched an unprovoked war on #Ukraine
<https://mobile.twitter.com/hashtag/Ukraine?src=hashtag_click>, Ukraine
could tap could go after those assets now as war reparations.

https://www.brookings.edu/opinions/russia-can-be-made-to-pay-for-ukraine-damage-now/?utm_campaign=Brookings%20Brief&utm_medium=email&utm_content=207195270&utm_source=hs_email

In the past, reparations have been paid after hostilities ended by the
aggressor country—that was Germany in the first two world wars. Now, the
fact that many countries already have control over Russia’s holdings of
foreign currency means that, in effect, reparations for the Ukrainian
invasion have been pre-funded by Russia itself. This is an admittedly
unique circumstance, but there is a basis in international law for enabling
nations that hold these reserves to commit them to pay for damages.


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