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Can frozen russian assets be used to rebuild Ukraine?

Can frozen russian assets be used to rebuild Ukraine? Ukraine in Flames #391

Since the start of the large-scale invasion of Ukraine, the aggressor state has been deliberately destroying Ukraine physically and economically. The renovation process after the Ukrainian victory will be complicated and will require a lot of financial investments.

As over $300 billion of Russian assets that faced sanctions are now frozen all over the world, they remain a sufficient potential means for the restoration of Ukraine. However, due to some legal limitations, not all of these finances could be given to Ukraine.

While our country loses both physically and economically every day, the figure of sanctioned Russian assets remains unclear, especially when it comes to different categories of property, such as the property of the Russian state, the property of state enterprises, and the property of private individuals.


UKRAINE IN FLAMES project is created by Ukraine Crisis Media Center and NGO “Euroatlantic Course”. We are aiming at searching a loud support for Ukraine in the war started by Russia on the 24th of February 2022.

If you want to support Ukraine against Russian aggression, check the link with recommendations by Ukraine Crisis Media Center – https://uacrisis.org/en/help-ukraine.

NGO Euroatlantic Course collects donations to support Ukrainian Army and civilians – https://eac.org.ua/en/main-page/.

How you can help Ukraine against Russian aggression:

Come back alive – https://bit.ly/3Ct6O2L (works directly with the command and personnel of military units, purchasing infrared thermal imaging cameras, night vision goggles, hemostatics etc); 

CO Serhiy Prytula Charity Foundation – https://bit.ly/3Svas1G (purchases supplies for Ukrainian army, such as armor, ammunition, first-aid kits, cars and ATV, humanitarian aid for civilians, and food for animals);

UNITED 24 – https://bit.ly/3M2mXiT (launched by the President of Ukraine Volodymyr Zelenskyy as the main venue for collecting charitable donations in support of Ukraine. Funds will be transferred to the official accounts of the National Bank of Ukraine and allocated by assigned ministries to cover the most pressing needs)

Army SOS – https://bit.ly/3UYK168 (manages purchases of necessary ammunition, shields, intercommunication and reconnaissance facilities, etc. and delivers all goods directly);

Vostok SOS – https://bit.ly/3Ruut75 (raising funds for various needs of the army);

Phoenix Wings – https://bit.ly/3RvWSd0 (the appropriate equipment & uniform, personal non-lethal protection (vests, helmets), required treatment of the wounded soldiers, and repair of the buildings used by the army).