WTH Could Ukraine do with $300 Billion Russian Dollars? Stephen Rademaker Explains.

More than three years into Putin’s full-scale invasion of
Ukraine, our European allies are reconsidering whether or not
frozen Russian assets, totaling $300 billion on the continent,
can be used to help Ukraine. As part of a broader brought about
by the Trump Administration, Western countries are finally
prepared to act in concert to overcome financial concerns,
investment retaliation, and collective action challenges in
supporting Ukraine. In addition, the Cuba-oriented Helms-Burton
Act provides useful precedent for the options on the table to
further pressure the Russian economy. With the noose tightening
via proposed oil sanctions, potential Tomahawk missiles, and
mobilized transatlantic support for Ukraine, what choices does
Putin have left? Will he be forced to face the music? And what
will ultimately bring him to the negotiating table?


Stephen Rademaker currently serves as Senior of Counsel at
Covington and Burling LLP, helping clients navigate international
policy, sanctions, and CFIUS challenges. With over 20 years of
experience working on national security issues in the White
House, the State Department, and the U.S. Senate and House of
Representatives, Stephen served as an Assistant Secretary of
State from 2002 through 2006 and headed three bureaus of the
State Department, including the Bureau of Arms Control and the
Bureau of International Security and Nonproliferation.


Read the transcript here.


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