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Jeffrey Love

Jeffrey Love is an MPhil student in International Relations at Oxford University. He specializes in sanctions policy and has previously worked for London Politica, the U.S. State Department, and the Global Public Policy Institute (GPPi).

The war in Ukraine has been raging for almost two years now. In the early days of Russia’s full-scale invasion, Western countries imposed sweeping sanctions on the Russian economy, a significant part of which was made up of asset freezes on some $300 billion in assets owned by the Russian Central Bank and Russian oligarchs. The war has devastated much of Ukraine’s eastern regions, infrastructure, and cities. The West has pledged to help rebuild Ukraine once the war is over, but such a task will cost billions, if not trillions, of dollars to accomplish. One solution advanced by Western lawmakers is to seize the assets that were frozen by sanctions and donate them to Ukraine to finance its reconstruction once …