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Open to Debate

Should Ukraine Get Russia's Frozen Assets?

Open to Debate

Open to Debate

Education, Society & Culture, News, Government, Politics

4.52.1K Ratings

🗓️ 28 September 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:29.0

and it's cancelled.

0:36.0

Welcome to Open to Debate.

0:38.0

I am your guest moderator, Jillian Tet,

0:41.0

standing in for John Donovan and I'm absolutely delighted to be here today.

0:45.0

I was recently in Kiev, where there is heated debate right now,

0:50.0

over not just how to win the war, although that's very important,

0:53.0

but also how to win the peace.

0:56.0

And central to that is a question of money,

0:59.0

where are the resources going to come from to rebuild Ukraine in the future.

1:04.0

And that cuts to the key issue we're going to be discussing today,

1:08.0

which is, should Ukraine get Russia's frozen assets?

1:12.0

There's a lot of money there.

1:14.0

And there are very diverse views on this.

...

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