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Mainpage > News > The ILI is involved in the development of policy and improvement of legislation on the management of sanctioned assets in Ukraine

The Institute of Legislative Ideas is involved in the development of policy and improvement of legislation on the management of sanctioned assets in Ukraine in partnership with the Ministry of Economy of Ukraine and other authorized state bodies

Why is it important?

Despite Ukraine's sanctions on Russia since 2014 after Russia annexed Crimea and parts of Luhansk and Donetsk regions, trade relations with Russia were terminated only on 24 February 2022. The assets that had been injected into the Ukrainian economy by the Russians for decades remained. This has led to complications and even blocking of the activities of Ukrainian enterprises with a share of the Russian Federation or its residents.

The ILI effectively develops some of the best analytical studies in the field of implementation of the sanctions policy and recovery of Russian assets in Ukraine. We have already managed to achieve significant successes in this area and shifts in public policy both in Ukraine and abroad - from legislative changes to the development of best practices.

The goal of this project is to

  • Unlock the work of hundreds of businesses and save jobs for thousands of employees;
  • Strengthen economic stability and attract additional tax revenues to communities;
  • Ensure the proper condition of assets, increase their value to obtain additional funds to compensate for the damage and rebuild Ukraine;
  • Improve the investment climate of our country.

To this end, we are already analyzing the legislation and existing governance mechanisms. We will start sharing the results very soon.

This project is implemented by the Institute of Legislative Ideas with the support of the Initiative for Sectoral Support to Civil Society of Ukraine, implemented by the Initiative for Sectoral Support to Civil Society of Ukraine in consortium with the Ukrainian Center for Independent Political Research (UCIPR) and the Centre for Democracy and Rule of Law (CEDEM), thanks to the generous support of the American people through the United States Agency for International Development. The contents of this publication do not necessarily reflect the views of ISAR Ednannia, the views of the United States Agency for International Development, or the United States Government.