Making one party pay a war indemnity is a common practice with a long history. Referred to as war reparations, they are compensation payments made after a war by one side to the other. They’re intended to cover damages or injury inflicted during a war.
One can immediately ask who’s going to force Russia to pay for the destruction it’s inflicted on Ukraine, both physical and human. If the West has the necessary determination, Russia doesn’t have to coaxed or pressured.
G7 countries have wisely frozen the Russian central bank’s currency reserves within their respective jurisdictions. These funds in total are substantial, estimated to amount to approximately $400 billion dollars. With respective legislation these funds can be confiscated and the delivery of reparations made entirely possible.
Did Russia start the unprovoked war and cause the ensuring devastation of Ukraine? The international community has overwhelmingly reached a verdict in this.
There is little dispute about who’s responsible for the war. On March 16, the International Court of Justice in The Hague, ruled by a vote of 13-2, with Russia and China dissenting, that Russia “shall immediately suspend the military operations that it commenced on February 24”.
Earlier in the month, the UN General Assembly demanded by an overwhelming majority, that Russia “immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine within its internationally recognized borders”.
(Read more: Estonian Life No. 24 2022 paber- and PDF/digi)
Laas Leivat, Toronto