... would be a tiny fraction of the value of the frozen assets. To implement the idea of confiscation of the frozen assets of sanctioned persons and the subsequent transfer of the proceeds for them, Ukraine needed a different mechanism.
Ivan Timofeev:
Sanctions at a Bifurcation Point
Canada was the first country to implement such a mechanism. The 2022 revision of the Special Economic Measures Act gives Canadian authorities the executive power to order the seizure of property located in Canada which is owned by a foreign government ...
... the required level of confidence (Mid.ru 2020). The sides could probably start with expert consultations.
The sanctions regime is another issue dividing Canada and Russia. Russia’s policy toward Ukraine in 2014 was followed by the regime of mutual sanctions between Canada and Russia, which also affected the Arctic in some regards. However, in terms of scope, content, and duration, the restrictions imposed by Canada have been more moderate than those imposed by the US (Nemova and Issraelyan 2017, 367-371). In December,...
..., appropriate, amicable relations in these spheres.
Sitting down with Russia is question of pragmatism, not appeasement. What is best for Canada globally is best for Canadians at home – especially those living in the North. This does not mean that Canada needs to cease its support of Ukraine, roll back sanctions, or stop denouncing Russian aggression. It means that Canada – alongside Russia – needs to find unique solutions for the more pressing and difficult questions. This implies not just talking, but also listening.
Going forward, Canada will ...
... comprising Denmark, Canada, Norway, Russia and the United States. The 2011 Agreement on Cooperation in Aeronautical and Maritime Search and Rescue also appears to provide a healthy basis for joint activities for Russia, Canada, and the other Arctic states.
Canada is one of the most actively anti-Russian countries and was the first to impose sanctions against Russian and Ukrainian politicians. Ottawa has also suspended its participation in the Russian-Canadian Intergovernmental Economic Commission and shirked the session of the Arctic Council in Moscow.
Some business projects are delivering ...
