There are plans, especially in the West, to confiscate Russian assets with a view to transferring them to Ukraine. These plans are in tension with international law. New customary international law could crystallize, but normative developments would need the support of non-Western states to legally materialize, argues Cedric Ryngaert.

As we are approaching the second anniversary of Russia’s illegal aggression against Ukraine, we are witnessing a fatigue in the West to further bankroll Ukraine. From that perspective, seizing Russian assets that are already frozen in various Western countries, and possibly amount to 300 billion US dollar, may be an attractive proposition.

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